William E. Brown - Feb 9, 2024 Form 4 Insider Report for CENTRAL GARDEN & PET CO (CENT)

Role
Chairman, Director, 10%+ Owner
Signature
/s/ William E. Brown
Stock symbol
CENT
Transactions as of
Feb 9, 2024
Transactions value $
-$112,508
Form type
4
Date filed
2/13/2024, 05:45 PM
Previous filing
Feb 8, 2024
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CENT Class A Common Stock Tax liability -$56.2K -1.5K -0.08% $37.52 1.89M Feb 9, 2024 Direct F1, F2
transaction CENT Class A Common Stock Tax liability -$56.3K -1.52K -0.08% $37.09 1.89M Feb 10, 2024 Direct F3
holding CENT Class A Common Stock 414K Feb 9, 2024 By Irrevocable Trusts F4, F5
* 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 withholding tax liability incurred upon the vesting of restricted stock. The amount of shares withheld is based on the average of the high and low sales prices on February 9, 2024.
F2 On December 7, 2023, Company declared a stock dividend, payable to all holders of record of Common Stock, Class A Common Stock and Class B Stock as of January 8, 2024, of one share of Class A Common Stock for each four shares of Common Stock, Class A Common Stock or Class B Stock outstanding. As a result , the Reporting Person received 973,587 shares of Class A Common Stock as of February 8, 2024.
F3 Shares withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock. The amount of shares withheld is based on the average of the high and low sales prices on February 9, 2024 and on February 12, 2024.
F4 On December 7, 2023, Company declared a stock dividend, payable to all holders of record of Class A Common Stock as of January 8, 2024, of one share of Class A Common Stock for each four shares of Class A Common Stock outstanding. As a result, the Irrevocable Trusts received 82,728 shares of Class A Common Stock as of February 8, 2024.
F5 These securities are owned directly by various family Irrevocable Trusts and indirectly by the Reporting Person and his spouse as co-trustees of the Irrevocable Trusts. The Reporting Person and his spouse, as co-trustees, have and share investment control over the securities held in each of the Irrevocable Trusts but disclaim beneficial ownership of the reported securities held by the Irrevocable Trusts except to the extent of his and his wife's pecuniary interest therein.