John Edward Hanson - 12 Feb 2024 Form 4/A Insider Report for CENTRAL GARDEN & PET CO (CENT)

Signature
/s/Filomena Eickstaedt as Attorney-in-Fact for John Hanson
Issuer symbol
CENT
Transactions as of
12 Feb 2024
Net transactions value
+$160,868
Form type
4/A
Filing time
14 Feb 2024, 16:58:56 UTC
Date Of Original Report
13 Feb 2024
Previous filing
13 Feb 2024
Next filing
15 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CENT Class A Common Stock Options Exercise $150,024 +6,580 +14% $22.80 52,404 12 Feb 2024 Direct F1, F2
transaction CENT Class A Common Stock Tax liability $187,045 -5,043 -9.6% $37.09 47,361 12 Feb 2024 Direct F3
transaction CENT Class A Common Stock Sale $197,889 +5,321 +14% $37.19 42,040 13 Feb 2024 Direct
holding CENT Units 1,917 12 Feb 2024 By 401(k) Plan F4

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 -6,580 -63% $0.000000 3,947 12 Feb 2024 Class A Common Stock 6,580 $22.80 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The purpose of this amendment to the Form 4 filed on February 13, 2024 with the U.S. Securities and Exchange Commission is to correct the source of Reporting Owner's disposal of Class A Common Stock. Class A Common Stock was reported as being withheld on February 10, 2024 as the result of withholding tax liability upon vesting of restricted stock. The transaction was in regard to a stock option exercised on February 12, 2024.
F2 On December 7, 2023, Company declared a stock dividend, payable to all holders on record of Common Stock and Class A Common Stock as of January 8, 2024, of one share of Class A Common Stock for every four shares of Common Stock and Class A Common Stock outstanding. At the same time, pursuant to anti-dilution provisions , an option for 5,264 shares Class A Common Stock on January 8, 2024 became exercisable for 10,527 shares of Class A Common Stock.
F3 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.
F4 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.
F5 This option was previously reported as an option for 5264 shares of Class A Common Stock at an exercise price of $28.50 per share, but was adjusted to reflect the stock dividend declared by Company on December 7, 2023. As a result of the stock dividend, the option also entitled the Reporting Person to receive, upon exercise, 10527 shares of Class A Common Stock for no additional consideration.
F6 Options were granted on February 10, 2020, and all shares are vested and are exercisable.