Christopher Metz - Jan 22, 2025 Form 4 Insider Report for CENTRAL GARDEN & PET CO (CENT)

Role
Director
Signature
/s/Filomena Eickstaedt as Attorney-in-Fact for Christopher Metz
Stock symbol
CENT
Transactions as of
Jan 22, 2025
Transactions value $
-$2
Form type
4
Date filed
1/24/2025, 04:12 PM
Previous filing
Aug 12, 2024
Next filing
Jan 28, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CENT Class A Common Stock Options Exercise $200K +8.97K +69.99% $22.30 21.8K Jan 22, 2025 Direct F1
transaction CENT Class A Common Stock Tax liability -$200K -6.43K -29.54% $31.09 15.3K Jan 22, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CENT Stock Option (Right to Buy) Options Exercise $0 -8.97K -100% $0.00 0 Jan 22, 2025 Class A Common Stock 8.97K $22.30 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 7,174 shares Class A Common Stock on January 8, 2024 became exercisable for 8,967 shares of Class A Common Stock.
F2 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.
F3 This option was previously reported as an option for 7,174 shares of Class A Common Stock at an exercise price of $27.880 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, 1,793 shares of Class A Common Stock for no additional consideration.
F4 Options were granted on February 12, 2019, and all shares are vested and have been exercised