Brooks Pennington III - Jul 6, 2021 Form 4 Insider Report for CENTRAL GARDEN & PET CO (CENT)

Role
Director
Signature
/s/Brooks M Pennington III
Stock symbol
CENT
Transactions as of
Jul 6, 2021
Transactions value $
-$51,734
Form type
4
Date filed
7/8/2021, 04:16 PM
Next filing
Aug 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CENT Class A Common Stock Options Exercise $200K +5.42K +14.62% $36.94 42.5K Jul 6, 2021 Direct F1
transaction CENT Class A Common Stock Tax liability -$218K -4.7K -11.07% $46.47 37.8K Jul 6, 2021 Direct F2
transaction CENT Class A Common Stock Sale -$33.4K -716 -1.9% $46.65 37K Jul 7, 2021 Direct F3
holding CENT Class A Common Stock 3.88K Jul 6, 2021 By Spouse F4
holding CENT Class A Common Stock 15.2K Jul 6, 2021 By LLC F5
holding CENT Units 2.06K Jul 6, 2021 By 401(k) Plan F6
holding CENT Common Stock 160K Jul 6, 2021 Direct
holding CENT Common Stock 6.94K Jul 6, 2021 By Spouse F4
holding CENT Common Stock 7.6K Jul 6, 2021 By LLC F5

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 -5.42K -100% $0.00* 0 Jul 6, 2021 Class A Common Stock 5.42K $36.94 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options exercised under sales plan pursuant to Rule 10b5-1(c)(1) of the Securities Exchange Act of 1934, as amended.
F2 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.
F3 Sale effected under sales plan pursuant to Rule 10b5-1(c)(1) of the Securities Exchange Act of 1934, as amended.
F4 Mr. Pennington disclaims beneficial ownership of 3,876 shares of the Issuer's Class A Common Stock owned by his spouse and 6,938 shares of the Issuer's Common Stock owned by his spouse.
F5 By Pennington Management Company II, LLC, in which Mr. Pennington has an ownership interest. Mr. Pennington is the President of Pennington Management Company II, LLC. Mr. Pennington disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F6 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.
F7 Options were granted on February 13, 2018, and all shares are vested and have been exercised.