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CENTRAL GARDEN & PET CO — Director's Dealing 2014
Aug 20, 2014
31728_dirs_2014-08-20_4a654ba1-3307-4206-bfd8-763418c14333.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CENTRAL GARDEN & PET CO (CENT)
CIK: 0000887733
Period of Report: 2014-08-18
Reporting Person: Varlas Lori A. (SVP, CFO and Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-18 | Units | I | 1557.4923 | $5.9857 | Disposed | 0 | Indirect |
| 2014-08-19 | Class A Common Stock | M | 11500 | $6.43 | Acquired | 62169 | Direct |
| 2014-08-19 | Class A Common Stock | F | 9526 | $8.865 | Disposed | 52643 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-08-19 | Stock Option (Right to Buy) | $6.43 | M | 11500 | Disposed | 2019-03-31 | Class A Common Stock (11500) | Direct |
Footnotes
F1: The units represent interests in the CENTA Stock Fund in the Issuer's 401(k) Plan, which consist of shares of CENTA stock and cash.
F2: Options exercised through sales plan pursuant to Rule 10b-5-1(c)(1) of the Securities Exchange Act of 1934, as amended.
F3: Shares 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 price on the date of exercise.
F4: On 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.