SEC Form 4 · accession 0001181431-15-005337
CENTRAL GARDEN & PET CO · CENT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William E Brown
Director · 10% Owner
Period of report
Mar 30, 2015
Accepted (ET)
Apr 1, 2015 · 12:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000887733
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 30, 2015 | M | 50,000 | $10.00 | A | 1,445,063 | D | |
| Common Stock | Mar 30, 2015 | F | 49,359 | $10.21 | D | 1,395,704 | D | |
| Common Stock | holding | — | — | — | 23,000 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $10.00 | Mar 30, 2015 | M | 50,000 | D | — | Apr 14, 2015 | Common Stock | 180,000 | 0 | D |
Explanation of responses
- F1Shares 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 price on the date of exercise.
- F2The option vested in five equal annual installments beginning April 14, 2010, of which 20,000 shares in the original grant expired based on the failure to satisfy certain annual performance targets.