Home > Insider Trading > Filing (0000950170-24-097347)

Filing Details

Accession Number:: 0000950170-24-097347
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-08-14 21:00:22
Reporting Period:: 2024-08-12

Accepted Time:: 2024-08-14 21:00:22
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
1057369	Iii Brooks Pennington	1340 Treat Blvd Suite 600 Walnut Creek CA 94597		No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2024-08-12	4,483	$22.30	45,226	No	4	M	Direct
Class A Common Stock	Disposition	2024-08-12	2,997	$33.37	42,229	No	4	F	Direct
Class A Common Stock	Disposition	2024-08-13	1,486	$32.80	40,743	No	4	S	Direct

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

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Stock Option (Right to Buy)	Disposition	2024-08-12	4,483	$0.00	4,483	$22.30

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2025-02-12	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	6,579	Indirect	By Spouse
Class A Common Stock	20,911	Indirect	By LLC
Class A Common Stock	43,750	Indirect	By BPCP
Common Stock	6,938	Indirect	By Spouse
Common Stock	7,604	Indirect	By LLC
Common Stock	133,598	Direct
Units	2,241	Indirect	By 401(k) Plan

Footnotes

Options exercised under sales plan pursuant to Rule 10b5-1(c)(1) of the Securities Exchange Act of 1934, as amended.
Shares withheld by the Issuer in payment of the aggregate option exercise price 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.
Sale effected under sales plan pursuant to Rule 10b5-1(c)(1) of the Securities Exchange Act of 1934, as amended.
The range of prices for the shares of Class A Common Stock is from $32.53 to $33.44. 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.
Mr. Pennington disclaims beneficial ownership of 6,579 shares of the Issuer's Class A Common Stock owned by his spouse and 6,938 shares of the Issuer's Common Stock owned by his spouse.
By Pennington Management Company II, LLC, in which Mr. Pennington has an ownership interest. Mr. Pennington is the President of Pennington Management Company II, LLC. Mr. Pennington disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
By BPCB Timber Company, LLC, in which Mr. Pennington has an ownership interest. Mr. Pennington is the Managing Member of BPCB Timber Company, LLC. Mr. Pennington disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
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 3,587 shares of Class A Common Stock at an exercise price of $27.20 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, 896 shares of Class A Common Stock for no additional consideration.
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 3,587 shares Class A Common Stock on January 8, 2024 became exercisable for 4,483 shares of Class A Common Stock.
Options were granted on February 12, 2019 and all shares are vested and are exercisable.