SEC Form 4 · accession 0001209191-16-119158
CENTRAL GARDEN & PET CO · CENT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard Machek
Officer — Chief Accounting Officer
Period of report
May 9, 2016
Accepted (ET)
May 11, 2016 · 4:45 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 9, 2016 | M | 3,200 | $9.26 | A | 27,438 | D | |
| Class A Common Stock | May 9, 2016 | F | 2,186 | $18.82 | D | 25,252 | D | |
| Class A Common Stock | May 9, 2016 | M | 9,000 | $9.54 | A | 34,252 | D | |
| Class A Common Stock | May 9, 2016 | F | 6,231 | $18.82 | D | 28,021 | D | |
| Class A Common Stock | May 9, 2016 | S | 6,000 | $18.75 | D | 22,021 | D | |
| Units - Class A Common StockF2 | holding | — | — | — | 1,462 | I | By 401(k) Plan |
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 | $9.26 | May 9, 2016 | M | 3,200 | D | — | Apr 13, 2017 | Class A Common Stock | 3,200 | 0 | D |
| Stock Option (Right to buy)F4 | $9.54 | May 9, 2016 | M | 9,000 | D | — | Mar 26, 2018 | Class A Common Stock | 9,000 | 9,000 | 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.
- F2The units represent interests in the CENTA Stock Fund in the Issuer's 401(k) Plan, which consist of shares of CENTA stock and cash.
- F3Options were granted on April 13, 2011. The 4,000 shares of Class A Common Stock did not vest.
- F4Options were granted on March 26, 2012 and all shares of Class A Common Stock are vested and exercisable.