SEC Form 4
FORM 4 UNITED 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
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 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*
MCMILLAN EDWARD
(Last) (First) (Middle)
6720 N SCOTTSDALE
SUITE 390
(Street)
SCOTTSDALE AZ 85253
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RiceBran Technologies [ RIBT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Former Director
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form 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)
Code V Amount (A) or (D) Price
Common Stock 11/07/2012 A 1,126,818 A (1) 1,402,768 I Edward L. McMillan Revocable Trust
Common Stock 17,740 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option, right to buy $1.49 11/07/2012 H 100,000 (2) 01/08/2013 common stock 100,000 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $0.86 11/07/2012 H 35,000 (2) 06/10/2013 common stock 35,000 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $0.3 11/07/2012 H 38,399 (2) 07/01/2014 common stock 38,399 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $0.22 11/07/2012 H 71,000 (2) 08/14/2014 common stock 71,000 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $0.2 11/07/2012 H 18,000 (2) 10/19/2014 common stock 18,000 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $0.2 11/07/2012 H 18,000 (2) 01/08/2015 common stock 18,000 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $0.3 11/07/2012 H 38,399 (2) 03/31/2015 common stock 38,399 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $1.14 11/07/2012 H 35,000 (2) 05/23/2016 common stock 35,000 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $3.83 11/07/2012 H 35,000 (2) 06/19/2017 common stock 35,000 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $0.2 11/07/2012 H 250,000 (2) 01/01/2020 common stock 250,000 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $0.2 11/07/2012 H 250,000 (2) 07/07/2020 common stock 250,000 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $0.2 11/07/2012 H 250,000 (2) 01/01/2021 common stock 250,000 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $0.2 11/07/2012 H 208,332 (2) 01/03/2022 common stock 208,332 (2) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $0.14 11/07/2012 H 239,397 (2) 03/27/2022 common stock 239,397 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $0.2 11/07/2012 H 41,668 (3) 01/03/2022 common stock 41,668 (1) 0 I Edward L. McMillan Revocable Trust
Stock Option, right to buy $0.14 11/07/2012 H 47,879 (3) 03/27/2022 common stock 47,879 (1) 0 I Edward L. McMillan Revocable Trust
Explanation of Responses:
1. Common stock issued in exchange for cancellation of all stock options.
2. Stock options were vested and exercisable as of 11/07/12, as to underlying shares in column 7.
3. Stock options were not vested and not exercisable as of 11/07/12, as to underlying shares in column 7.
J Dale Belt, by power of attorney 11/15/2012
** Signature of Reporting Person Date
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).
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