SEC Form 4 · accession 0001209191-16-100241
CENTRAL GARDEN & PET CO · CENT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Reed
Officer — Executive Vice President
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 8:05 pm EST
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 | Feb 16, 2016 | M | 37,500 | $9.54 | A | 193,662 | D | |
| Class A Common Stock | Feb 16, 2016 | F | 29,236 | $13.91 | D | 164,426 | D | |
| Class A Common Stock | Feb 16, 2016 | M | 25,000 | $6.43 | A | 189,426 | D | |
| Class A Common Stock | Feb 16, 2016 | F | 15,234 | $13.91 | D | 174,192 | D | |
| Class A Common Stock | Feb 18, 2016 | S | 18,161 | $14.32 | D | 156,031 | D |
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 | $9.54 | Feb 16, 2016 | M | 37,500 | D | — | Mar 26, 2018 | Class A Common Stock | 37,500 | 12,500 | D |
| Stock Option (Right to Buy)F3 | $6.43 | Feb 16, 2016 | M | 25,000 | D | — | Mar 31, 2019 | Class A Common Stock | 25,000 | 25,000 | 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 exercise.
- F2On March 26, 2012, the reporting person was granted an option to purchase 50,000 shares of Class A Common Stock of the Issuer. The option vests in four equal annual installments beginning March 26, 2013.
- F3On August 12, 2013, the Reporting Person was granted an option to purchase 50,000 shares of Class A Common Stock of the Issuer. The option vests in four equal annual installments beginning March 31, 2014.