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Filing Details

Accession Number:: 0000950170-24-059577
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-05-14 16:15:48
Reporting Period:: 2024-05-10

Accepted Time:: 2024-05-14 16:15:48
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
887733	Central Garden & Pet Co	CENT	Wholesale-Miscellaneous Nondurable Goods (5190)	680275553

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1408494	Nicholas Lahanas	C/O Central Garden &Amp; Pet Company 1340 Treat Blvd, Suite 600 Walnut Creek CA 94597	Chief Financial Officer	No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2024-05-10	6,580	$22.80	122,376	No	4	M	Direct
Class A Common Stock	Disposition	2024-05-10	5,201	$39.66	117,175	No	4	F	Direct
Class A Common Stock	Acquisiton	2024-05-10	6,389	$35.22	123,564	No	4	M	Direct
Class A Common Stock	Disposition	2024-05-10	6,036	$39.66	117,528	No	4	F	Direct
Class A Common Stock	Disposition	2024-05-13	30,000	$39.98	87,528	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Stock Option (Right to Buy)	Disposition	2024-05-10	6,580	$0.00	6,580	$22.80
Class A Common Stock	Stock Option (Right to Buy)	Disposition	2024-05-10	6,389	$0.00	6,389	$35.22

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2026-02-10	No	4	M	Direct
2,129		2027-02-09	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Units	12,276	Indirect	By 401(k) Plan

Footnotes

On December 7, 2023, Company declared a stock dividend, payable to all holders on record of Common Stock and Class A Common Stock as of January 8, 2024, of one share of Class A Common Stock for every four shares of Common Stock and Class A Common Stock outstanding. At the same time, pursuant to anti-dilution provisions , an option for 5,264 shares Class A Common Stock on January 8, 2024 became exercisable for 6,580 shares of Class A Common Stock.
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.
On December 7, 2023, Company declared a stock dividend, payable to all holders on record of Common Stock and Class A Common Stock as of January 8, 2024, of one share of Class A Common Stock for every four shares of Common Stock and Class A Common Stock outstanding. At the same time, pursuant to anti-dilution provisions , an option for 6,815 shares Class A Common Stock on January 8, 2024 became exercisable for 8,518 shares of Class A Common Stock.
The range of prices for the shares of Class A Common Stock is from $39.9341 to $40.0297. The Reporting Person undertakes that the Reporting Person 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.
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.
This option was previously reported as an option for 21,053 shares of Class A Common Stock at an exercise price of $28.50 per share, of which 15,789 were exercised prior to December 7, 2023. The remaining total of 5,264 was adjusted to reflect the stock dividend declared by Company on December 7, 2023. As a result of the stock dividend, the option also entitled the Reporting Person to receive, upon exercise, 1,316 shares of Class A Common Stock for no additional consideration.
Options were granted on February 10, 2020, and all shares are vested and have been exercised.
This option was previously reported as an option for 6,815 shares of Class A Common Stock at an exercise price of $44.02 per share, but was adjusted to reflect the stock dividend declared by Company on December 7, 2023. As a result of the stock dividend, the option also entitled the Reporting Person to receive, upon exercise, 1,703 shares of Class A Common Stock for no additional consideration.
The options shall vest in annual increments of 25% beginning on February 9, 2022.