John Hanson - Aug 8, 2022 Form 4 Insider Report for CENTRAL GARDEN & PET CO (CENT)

Signature
/s/John E. Hanson
Stock symbol
CENT
Transactions as of
Aug 8, 2022
Transactions value $
-$170,973
Form type
4
Date filed
8/10/2022, 04:48 PM
Previous filing
Aug 8, 2022
Next filing
Aug 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CENT Class A Common Stock Options Exercise $66.7K +2.39K +4.71% $27.88 53.2K Aug 8, 2022 Direct
transaction CENT Class A Common Stock Tax liability -$81.5K -1.92K -3.61% $42.36 51.3K Aug 8, 2022 Direct F1
transaction CENT Class A Common Stock Options Exercise $300K +14K +27.39% $21.37 65.3K Aug 8, 2022 Direct
transaction CENT Class A Common Stock Tax liability -$425K -10K -15.37% $42.36 55.3K Aug 8, 2022 Direct F1
transaction CENT Class A Common Stock Options Exercise $150K +5.26K +9.52% $28.50 60.5K Aug 8, 2022 Direct
transaction CENT Class A Common Stock Tax liability -$181K -4.27K -7.06% $42.36 56.3K Aug 8, 2022 Direct F1
holding CENT Units 1.51K Aug 8, 2022 By 401(k) 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 -2.39K -100% $0.00* 0 Aug 8, 2022 Class A Common Stock 2.39K $27.88 Direct F3
transaction CENT Stock Option(Right to Buy) Options Exercise $0 -14K -66.67% $0.00 7.02K Aug 8, 2022 Class A Common Stock 14K $21.37 Direct F4
transaction CENT Stock Option(Right to Buy) Options Exercise $0 -5.26K -33.33% $0.00 10.5K Aug 8, 2022 Class A Common Stock 5.26K $28.50 Direct 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 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 12, 2019, and all shares are vested and have been exercised.
F4 The options shall vest in four annual increments of 25% beginning on August 4, 2020.
F5 The options shall vest in four annual increments of 25% beginning on February 10, 2021.