SEC Form 4 · accession 0001181431-15-007172
CENTRAL GARDEN & PET CO · CENT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Ranelli
Officer — President and CEO · Director
Period of report
May 18, 2015
Accepted (ET)
May 19, 2015 · 7:03 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 |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | May 18, 2015 | M | 21,414 | $9.34 | A | 77,576 | D | |
| Class A Common Stock | May 18, 2015 | F | 20,030 | $10.42 | D | 57,546 | D | |
| Common Stock | holding | — | — | — | 178,483 | D | ||
| Common StockF2 | holding | — | — | — | 5,000 | I | John R. Ranelli Trust |
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)F3 | $9.34 | May 18, 2015 | M | 21,414 | D | — | Aug 13, 2015 | Class A Common Stock | 21,414 | 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 prices on the date of the exercise.
- F2Mr. Ranelli disclaims beneficial ownership of the 5,000 shares of the Issuer's Common Stock owned by the John R. Ranelli Trust except to the extent of his pecuniary interest therein.
- F3One-third of the total options granted became exercisable at each of 6 months, 18 months and 30 months after February 13, 2012, the date of grant.