SEC Form 4 · accession 0001209191-16-138408
CENTRAL GARDEN & PET CO · CENT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David N Chichester
Director
Period of report
Aug 17, 2016
Accepted (ET)
Aug 23, 2016 · 7:51 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 | Aug 17, 2016 | G | 4,063 | $0.00 | D | 16,422 | D | |
| Class A Common Stock | Aug 22, 2016 | M | 9,247 | $7.21 | A | 25,669 | D | |
| Class A Common Stock | Aug 22, 2016 | F | 2,722 | $24.50 | D | 22,947 | D | |
| Class A Common Stock | Aug 22, 2016 | M | 6,761 | $9.86 | A | 29,708 | D | |
| Class A Common Stock | Aug 22, 2016 | F | 2,721 | $24.50 | D | 26,987 | D | |
| Class A Common Stock | Aug 22, 2016 | M | 4,000 | $12.32 | A | 30,987 | D | |
| Class A Common Stock | Aug 22, 2016 | F | 2,012 | $24.50 | D | 28,975 | D | |
| Class A Common StockF2 | Aug 23, 2016 | S | 12,553 | $24.5613 | D | 16,422 | D | |
| Common Stock | holding | — | — | — | 2,804 | 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)F3 | $7.21 | Aug 22, 2016 | M | 9,247 | D | — | Aug 10, 2017 | Class A Common Stock | 9,247 | 0 | D |
| Stock Option (Right to Buy)F4 | $9.86 | Aug 22, 2016 | M | 6,761 | D | — | Aug 10, 2018 | Class A Common Stock | 6,761 | 6,762 | D |
| Stock Option (Right to Buy)F5 | $12.32 | Aug 22, 2016 | M | 4,000 | D | — | Aug 17, 2020 | Class A Common Stock | 4,000 | 8,500 | D |
Explanation of responses
- F1Shares withheld by the Issuer in payment of the aggregate option exercise price 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.
- F2The range of prices for the shares of Class A Common Stock is from $24.52 to $24.61. Mr. Chichester undertakes that he 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.
- F3One-third of the total options granted became exercisable at each of 6 months, 18 months and 30 months after February 10, 2014, the date of the grant
- F4One-third of the total options granted became exercisable at each of 6 months, 18 months and 30 months after February 10, 2015, the date of the grant.
- F5The options will vest upon the first to occur of termination of employment by the Company (other than for cause) or the expiration of six months after commencement of employment.