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CENTRAL GARDEN & PET CO — Director's Dealing 2015
Feb 20, 2015
31728_dirs_2015-02-20_d8ddaf18-aa68-4300-b31c-1414f6ca8820.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: 2015-02-19
Reporting Person: Reed Michael A (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-19 | Class A Common Stock | M | 69000 | $8.00 | Acquired | 207879 | Direct |
| 2015-02-19 | Class A Common Stock | F | 60238 | $9.72 | Disposed | 147641 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-19 | Stock Option (Right to Buy) | $8.00 | M | 69000 | Disposed | 2015-04-14 | Class A Common Stock (69000) | Direct |
Footnotes
F1: 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 prices on the date of exercise.
F2: On April 14, 2009, the Issuer's Compensation Committee granted the reporting person an option to purchase 75,000 shares of Class A Common Stock of the Issuer. The option vested in five equal annual installments beginning April 14, 2010. A portion of the option relating to 6,000 shares was cancelled based on the non satisfaction of certain annual performance targets for each of the fiscal years ending September 2009, 2010, 2011, 2012 and 2013.