LAHANAS NICHOLAS 4
4 · CENTRAL GARDEN & PET CO · Filed May 14, 2024
Insider Transaction Report
Form 4
LAHANAS NICHOLAS
DirectorChief Executive Officer
Transactions
- Tax Payment
Class A Common Stock
2024-05-10$39.66/sh−5,201$206,272→ 117,175 total - Exercise/Conversion
Class A Common Stock
2024-05-10$35.22/sh+6,389$224,995→ 123,564 total - Tax Payment
Class A Common Stock
2024-05-10$39.66/sh−6,036$239,388→ 117,528 total - Sale
Class A Common Stock
2024-05-13$39.98/sh−30,000$1,199,340→ 87,528 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-05-10−6,580→ 0 totalExercise: $22.80Exp: 2026-02-10→ Class A Common Stock (6,580 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2024-05-10−6,389→ 2,129 totalExercise: $35.22Exp: 2027-02-09→ Class A Common Stock (6,389 underlying) - Exercise/Conversion
Class A Common Stock
2024-05-10$22.80/sh+6,580$150,024→ 122,376 total
Holdings
- 12,275.69(indirect: By 401(k))
Units
Footnotes (9)
- [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 5,264 shares Class A Common Stock on January 8, 2024 became exercisable for 6,580 shares of Class A Common Stock.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]Options were granted on February 10, 2020, and all shares are vested and have been exercised.
- [F8]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.
- [F9]The options shall vest in annual increments of 25% beginning on February 9, 2022.