SEC Form 4 · accession 0001209191-16-148000
CENTRAL GARDEN & PET CO · CENT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Ranelli
Director
Period of report
Oct 31, 2016
Accepted (ET)
Nov 2, 2016 · 5:27 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 |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Oct 31, 2016 | M | 156,903 | $12.50 | A | 421,607 | D | |
| Class A Common Stock | Oct 31, 2016 | F | 135,770 | $22.71 | D | 285,837 | D | |
| Class A Common Stock | Oct 31, 2016 | M | 156,903 | $15.00 | A | 442,740 | D | |
| Class A Common Stock | Oct 31, 2016 | F | 140,945 | $22.71 | D | 301,795 | D | |
| Class A Common StockF3,F4 | Nov 1, 2016 | S | 628 | $22.8293 | D | 638 | I | By John R. Ranelli Trust |
| Common StockF5,F4 | Nov 1, 2016 | S | 7,258 | $23.7271 | D | 81,863 | I | By John R. Ranelli Trust |
| Common Stock | holding | — | — | — | 96,379 | 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)F6 | $12.50 | Oct 31, 2016 | M | 156,903 | D | — | Feb 11, 2019 | Class A Common Stock | 156,903 | 52,302 | D |
| Stock Option (Right to Buy)F6 | $15.00 | Oct 31, 2016 | M | 156,903 | D | — | Feb 11, 2019 | Class A Common Stock | 156,903 | 52,302 | 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.
- F2Shares sold through sales plan pursuant to Rule 10b5-1(c)(1) of the Securities Exchange Act of 1934, as amended.
- F3The range of prices for the shares of Class A Common Stock is from $22.67 to $23.14. Mr. Ranelli 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.
- F4Mr. Ranelli disclaims beneficial ownership of the shares of the Company's Common Stock and Class A Common Stock owned by the John R. Ranelli Trust Dated 12/24/97 except to the extent of his pecuniary interest therein.
- F5The range of prices for the shares of Common Stock is from $23.46 to $24.16. Mr. Ranelli 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.
- F6The option vests in four equal annual installments beginning February 11, 2013.