Nicholas Lahanas - Nov 15, 2022 Form 4 Insider Report for CENTRAL GARDEN & PET CO (CENT)

Role
Chief Financial Officer
Signature
/s/Nicholas Lahanas
Stock symbol
CENT
Transactions as of
Nov 15, 2022
Transactions value $
-$38,000
Form type
4
Date filed
11/17/2022, 03:06 PM
Previous filing
Oct 27, 2022
Next filing
Dec 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CENT Class A Common Stock Options Exercise $147K +4K +3.51% $36.70 118K Nov 15, 2022 Direct
transaction CENT Class A Common Stock Tax liability -$156K -3.77K -3.2% $41.51 114K Nov 15, 2022 Direct F1
transaction CENT Class A Common Stock Options Exercise $109K +4K +3.5% $27.20 118K Nov 15, 2022 Direct
transaction CENT Class A Common Stock Tax liability -$137K -3.31K -2.8% $41.51 115K Nov 15, 2022 Direct F1
holding CENT Units 11.5K Nov 15, 2022 By 401(k) Plan 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 -4K -27.68% $0.00 10.5K Nov 15, 2022 Class A Common Stock 4K $36.70 Direct F3
transaction CENT Stock Option (Right to Buy) Options Exercise $0 -4K -41.05% $0.00 5.75K Nov 15, 2022 Class A Common Stock 4K $27.20 Direct F4
* 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 January 19, 2018, and all shares are vested and are exercisable.
F4 The options shall vest in annual increments of 25% beginning on February 13, 2020.