Nicholas Lahanas - Dec 14, 2023 Form 4 Insider Report for CENTRAL GARDEN & PET CO (CENT)

Role
Chief Financial Officer
Signature
/s/Nicholas Lahanas
Stock symbol
CENT
Transactions as of
Dec 14, 2023
Transactions value $
-$248,006
Form type
4
Date filed
12/15/2023, 07:45 PM
Previous filing
Dec 6, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CENT Class A Common Stock Options Exercise $497K +18.3K +17.65% $27.20 122K Dec 14, 2023 Direct
transaction CENT Class A Common Stock Tax liability -$636K -15K -12.28% $42.48 107K Dec 14, 2023 Direct F1
transaction CENT Class A Common Stock Options Exercise $450K +15.8K +14.77% $28.50 123K Dec 14, 2023 Direct
transaction CENT Class A Common Stock Tax liability -$559K -13.2K -10.73% $42.48 110K Dec 14, 2023 Direct F1
holding CENT Units 12K Dec 14, 2023 By 401(k) Plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CENT Stock Option (Right to Buy) Options Exercise $0 -18.3K -100% $0.00* 0 Dec 14, 2023 Class A Common Stock 18.3K $27.20 Direct F3
transaction CENT Stock Option (Right to Buy) Options Exercise $0 -15.8K -75% $0.00 5.26K Dec 14, 2023 Class A Common Stock 15.8K $28.50 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by the Issuer in payment of the aggregate option exercise price and withholding tax liability incurred upon the above-reported exercise of options. The amount of shares withheld is based on the respective average of the high and low sales prices on the date of exercise.
F2 The units represent interests in the CENTA Stock Fund in the Issuer's 401(k) Plan, which consist of shares of CENTA stock and cash.
F3 Options were granted on February 13, 2019, and all shares are vested and have been exercised.
F4 The options shall vest in annual increments of 25% beginning on February 10, 2021.