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CENTRAL GARDEN & PET CO — Director's Dealing 2016
May 27, 2016
31728_dirs_2016-05-26_38787b6c-90c7-4eb4-83b8-041a3223236b.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: 2016-05-20
Reporting Person: BROWN WILLIAM E (Director, Chairman, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-20 | Class A Common Stock | G | 3580 | $0.00 | Disposed | 2547890 | Direct |
| 2016-05-24 | Class A Common Stock | M | 151200 | $8.99 | Acquired | 2699090 | Direct |
| 2016-05-24 | Class A Common Stock | F | 110688 | $18.39 | Disposed | 2588402 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-24 | Stock Option (right to buy) | $8.99 | M | 151200 | Disposed | 2016-06-04 | Class A Common Stock (151200) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 240000 | Indirect |
| Common Stock | 1395704 | 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 the exercise.
F2: These securities are owned directly by various family Irrevocable Trusts and indirectly by the Reporting Person and his spouse as co-trustees of the Irrevocable Trusts. The Reporting Person and his spouse, as co-trustees, have and share investment control over the securities held in each of the Irrevocable Trusts but disclaim beneficial ownership of the reported securities held by the Irrevocable Trusts except to the extent of his and his wife's pecuniary interest therein.
F3: On June 4, 2010, the Issuer's Compensation Committee granted the reporting person an option to purchase 180,000 shares of Class A Common Stock of the Issuer. The option vests in five equal annual installments beginning June 4, 2011 based on the satisfaction of certain annual performance targets for each of the fiscal years ending September 2010, 2011, 2012, 2013 and 2014.