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Sias Randall – ‘4’ for 12/16/05 re: Spectrum Organic Products Inc.

On:  Tuesday, 12/20/05, at 12:52pm ET   ·   For:  12/16/05   ·   As:  Officer   ·   Accession #:  1050502-5-669   ·   File #:  0-22231

Previous ‘4’:  ‘4’ on 3/7/05 for 3/3/05   ·   Latest ‘4’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

12/20/05  Sias Randall                      4          Officer     1:8K   Spectrum Organic Products Inc.    Ace Filings/FA

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML      9K 
                Securities by an Insider -- form4rhs_ex.xml/2.2                  




        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 

 
SEC Info rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider
 
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SIAS RANDALL

(Last)(First)(Middle)
C/O SPECTRUM ORGANIC PRODUCTS, INC.
5341 OLD REDWOOD HIGHWAY, SUITE 400

(Street)
PETALUMACA94954

(City)(State)(Zip)
2. Issuer Name and Ticker or Trading Symbol
SPECTRUM ORGANIC PRODUCTS INC [ SPOP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
XOfficer (give title below) Other (specify below)
Vice President - Operations
3. Date of Earliest Transaction (Month/Day/Year)
12/16/05
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Incentive Stock Option (right to buy)$0.97 12/16/05 H (1) 25,000 1/28/08 1/28/14Common Stock25,000$00D
Incentive Stock Option (right to buy)$0.85 12/16/05 H (1) 15,000 3/24/08 3/24/14Common Stock15,000$00D
Incentive Stock Option (right to buy)$0.51 12/16/05 C (2) 50,000 12/16/05 (3) 3/3/15Common Stock50,000$00D
Explanation of Responses:
(1)  Under the terms of the Agreement & Plan of Merger entered into on August 23, 2005 between the Company and The Hain Celestial Group, Inc., these options expired worthless immediately preceding the change in control.
(2)  Converted into the right to receive the excess of the Merger Consideration, under the terms of the Agreement and Plan of Merger between the Company and The Hain Celestial Group, Inc., of $0.3485 per share in cash plus the equivalent of $0.355 per share in restricted common shares of Hain over the exercise price of the stock option, in the same proportion of cash and Hain restricted shares as that paid to shareholders.
(3)  Under the Company's Amended 1995 Stock Option Plan, all unexercised outstanding stock options become exercisable upon a change in control, as defined in the Plan.
/s/ Randall H. Sias 12/16/05
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
____________
Transaction Codes:
    C    Conversion of derivative security.
    H    Expiration (or cancellation) of long derivative position with value received.

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