Timothy P. Cofer - Feb 9, 2022 Form 4 Insider Report for CENTRAL GARDEN & PET CO (CENT)

Role
CEO, Director
Signature
/s/JoAnn Jonte as attorney-in-fact for Timothy Cofer
Stock symbol
CENT
Transactions as of
Feb 9, 2022
Transactions value $
-$82,096
Form type
4
Date filed
2/11/2022, 03:45 PM
Next filing
Feb 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CENT Class A Common Stock Award $0 +27.6K +105.69% $0.00 53.7K Feb 9, 2022 Direct F1
transaction CENT Class A Common Stock Award $0 +10.8K +20.11% $0.00 64.5K Feb 9, 2022 Direct F1
transaction CENT Class A Common Stock Tax liability -$82.1K -1.96K -3.26% $41.95 58K Feb 9, 2022 Direct F2
holding CENT Class A Common Stock 24.6K Feb 9, 2022 By Timothy P. Cofer Living Trust F3, F4
holding CENT Units 726 Feb 9, 2022 By 401(K) plan F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted shares are granted pursuant to the Company's 2003 Omnibus Equity Incentive Plan which will vest annually in increments of 50% beginning on February 9, 2024.
F2 Shares delivered by Reporting Person in payment of the withholding tax liability upon vesting of restricted stock. The amount of shares withheld is based on the average of the high and low of the sales prices of CENTA on February 9, 2022.
F3 On February 9, 2022, the Reporting Person transferred 4574 shares of directly held CENTA to the Timothy P. Cofer Living Trust.
F4 Mr. Cofer disclaims beneficial ownership of the shares of the Company's Class A Common Stock owned by the Timothy P. Cofer Living Trust dated 7/21/10 except to the extent of his pecuniary interest therein.
F5 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.