John Hanson - Aug 4, 2023 Form 4 Insider Report for CENTRAL GARDEN & PET CO (CENT)

Role
Senior Vice President
Signature
/s/ F. Eickstaedt for John Hanson as attorney-in-fact
Stock symbol
CENT
Transactions as of
Aug 4, 2023
Transactions value $
-$488,248
Form type
4
Date filed
8/8/2023, 05:21 PM
Previous filing
Feb 13, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CENT Class A Common Stock Tax liability -$119K -2.76K -5.57% $43.00 46.8K Aug 4, 2023 Direct F1
transaction CENT Class A Common Stock Sale -$281K -6.59K -14.08% $42.63 40.2K Aug 7, 2023 Direct F2
transaction CENT Class A Common Stock Options Exercise $150K +7.02K +17.46% $21.37 47.2K Aug 7, 2023 Direct
transaction CENT Class A Common Stock Tax liability -$209K -4.9K -10.36% $42.70 42.4K Aug 7, 2023 Direct F3
transaction CENT Class A Common Stock Options Exercise $150K +5.26K +12.43% $28.50 47.6K Aug 7, 2023 Direct
transaction CENT Class A Common Stock Tax liability -$179K -4.2K -8.83% $42.70 43.4K Aug 7, 2023 Direct F3
holding CENT Units 1.92K Aug 4, 2023 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 -7.02K -100% $0.00* 0 Aug 7, 2023 Class A Common Stock 7.02K $21.37 Direct F5
transaction CENT Srock Option (Right to Buy) Options Exercise $0 -5.26K -50% $0.00 5.26K Aug 7, 2023 Class A Common Stock 5.26K $28.50 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 August 4, 2023.
F2 The range of prices for the shares of Class A Common Stock is from $42.36 to $42.845. The Reporting Person undertakes that the Reporting Person will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price.
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 Options were granted on August 4, 2019, and all shares are vested and have been exercised.
F6 The options shall vest in annual increments of 25% beginning on February 10, 2021.