SEC Form 4 · accession 0001209191-16-150190
CENTRAL GARDEN & PET CO · CENT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Ranelli
Director
Period of report
Nov 14, 2016
Accepted (ET)
Nov 15, 2016 · 4:33 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 | Nov 14, 2016 | M | 154,959 | $8.93 | A | 456,754 | D | |
| Class A Common Stock | Nov 14, 2016 | F | 123,615 | $26.89 | D | 332,802 | D | |
| Class A Common Stock | holding | — | — | — | 638 | I | By John R. Ranelli Trust | |
| Common StockF2 | holding | — | — | — | 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)F3 | $8.93 | Nov 14, 2016 | M | 154,959 | D | — | Feb 11, 2019 | Class A Common Stock | 154,959 | 51,653 | 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 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.
- F3The option vests in four equal annual installments beginning February 11, 2013.