c28131sc13ga1.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13G/A


Under the Securities Exchange Act of 1934
(Amendment No.  1)*


CENTRAL GARDEN & PET COMPANY
(Name of Issuer)
 
COMMON STOCK, $0.01 PAR VALUE PER SHARE
(Title of Class of Securities)
 
153527106
(CUSIP Number)
 
December 31, 2012
(Date of Event Which Requires Filing of this Statement)
 


Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed:

o   Rule 13d-1(b)
x  Rule 13d-1(c)
o   Rule 13d-1(d)



* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 


 
 

 
 
CUSIP No. 153527106
(1)
Names of Reporting Persons
 
Park West Asset Management LLC
(2)
Check the Appropriate Box if a Member of a Group (See Instructions) 
(a) o
(b) o
(3)
SEC Use Only
(4)
Citizenship or Place of Organization
 
Delaware
 
 
Number of Shares Beneficially Owned  by
Each Reporting Person With:
(5)  Sole Voting Power
575,932*
(6)  Shared Voting Power
 0
(7)  Sole Dispositive Power
575,932*
(8)  Shared Dispositive Power
 0
(9)
Aggregate Amount Beneficially Owned by Each Reporting Person
 
575,932*
 
(10)
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions):       
o
(11)
Percent of Class Represented by Amount in Row (9)
 
4.7%*
 
(12)
Type of Reporting Person (See Instructions)
 
IA
 
 
* Beneficial ownership percentage is based upon 12,247,359 shares of common stock, $0.01 par value per share (“Common Stock”), of Central Garden & Pet Company, a Delaware corporation (the “Company”), issued and outstanding as of November 30, 2012, based on information reported by the Company in its Annual Report on Form 10-K for the fiscal year ended September 29, 2012, filed with the Securities and Exchange Commission on December 13, 2012.  Park West Asset Management LLC (“PWAM”) is the investment manager to Park West Investors Master Fund, Limited, a Cayman Islands exempted company (“PWIMF”), and Park West Partners International, Limited, a Cayman Islands exempted company (“PWPI” and, together with PWIMF, the “PW Funds”).  As of December 31, 2012, PWIMF held 479,167 shares of Common Stock and PWPI held 96,765 shares of Common Stock.  PWAM, as the investment manager to the PW Funds, and Peter S. Park, as the sole member and manager of PWAM (“Park” and, together with PWAM, the “Reporting Persons”), may be deemed to beneficially own the 575,932 shares of Common Stock held by the PW Funds.  As a result of the foregoing, for purposes of Reg. Section 240.13d-3, the Reporting Persons are deemed to beneficially own 575,932 shares of Common Stock, or 4.7% of the shares of Common Stock deemed to be issued and outstanding as of December 31, 2012.
 
 
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CUSIP No. 153527106
(1)
Names of Reporting Persons
 
Peter S. Park
(2)
Check the Appropriate Box if a Member of a Group (See Instructions) 
(a) o
(b) o
(3)
SEC Use Only
(4)
Citizenship or Place of Organization
 
United States of America
 
 
Number of Shares Beneficially Owned by
Each Reporting Person With:
(5)  Sole Voting Power
575,932*
(6)  Shared Voting Power
 0
(7)  Sole Dispositive Power
575,932*
(8)  Shared Dispositive Power
 0
(9)
Aggregate Amount Beneficially Owned by Each Reporting Person
 
575,932*
 
(10)
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions):
o
(11)
Percent of Class Represented by Amount in Row (9)
 
4.7%*
 
(12)
Type of Reporting Person (See Instructions)
 
IN
 
 
* Beneficial ownership percentage is based upon 12,247,359 shares of common stock, $0.01 par value per share (“Common Stock”), of Central Garden & Pet Company, a Delaware corporation (the “Company”), issued and outstanding as of November 30, 2012, based on information reported by the Company in its Annual Report on Form 10-K for the fiscal year ended September 29, 2012, filed with the Securities and Exchange Commission on December 13, 2012.  Park West Asset Management LLC (“PWAM”) is the investment manager to Park West Investors Master Fund, Limited, a Cayman Islands exempted company (“PWIMF”), and Park West Partners International, Limited, a Cayman Islands exempted company (“PWPI” and, together with PWIMF, the “PW Funds”).  As of December 31, 2012, PWIMF held 479,167 shares of Common Stock and PWPI held 96,765 shares of Common Stock.  PWAM, as the investment manager to the PW Funds, and Peter S. Park, as the sole member and manager of PWAM (“Park” and, together with PWAM, the “Reporting Persons”), may be deemed to beneficially own the 575,932 shares of Common Stock held by the PW Funds.  As a result of the foregoing, for purposes of Reg. Section 240.13d-3, the Reporting Persons are deemed to beneficially own 575,932 shares of Common Stock, or 4.7% of the shares of Common Stock deemed to be issued and outstanding as of December 31, 2012.

 
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Item 1(a).  Name Of Issuer.  Central Garden & Pet Company (the “Company”)
 
Item 1(b).  Address of Issuer’s Principal Executive Offices.
 
1340 Treat Boulevard
Suite 600
Walnut Creek, California  94597
 
Item 2(a).  Name of Person Filing.
 
This report on Schedule 13G (this “Schedule 13G”), is being jointly filed by (i) Park West Asset Management LLC (“PWAM”), a Delaware limited liability company and the investment manager to (a) Park West Investors Master Fund, Limited (“PWIMF”), a Cayman Islands exempted company that is the holder of 479,167 shares of common stock, par value $0.01 per share (“Common Stock”), of the Company reported on this Schedule 13G, and (b) Park West Partners International, Limited (“PWPI” and, together with PWIMF, the “PW Funds”), a Cayman Islands exempted company that is the holder of 96,765 shares of Common Stock reported on this Schedule 13G; and (ii) Peter S. Park, as the sole member and manager of PWAM (“Park” and, together with PWAM, the “Reporting Persons”).

The 575,932 shares of Common Stock held by the PW Funds, which constitute, in the aggregate, 4.7% of the shares of Common Stock deemed to be outstanding as of December 31, 2012, may be deemed to be beneficially owned (x) indirectly by PWAM, as the investment adviser to PWIMF and PWPI, and (y) indirectly by Mr. Park, as the sole member and manager of PWAM.
 
Item 2(b).  Address of Principal Business Office or, if None, Residence.
 
The address for the Reporting Persons is:  900 Larkspur Landing Circle, Suite 165, Larkspur, California 94939.
 
Item 2(c).  Citizenship.
 
PWAM is organized under the laws of the State of Delaware.  Mr. Park is a citizen of the United States.
 
Item 2(d).  Title of Class of Securities.
 
Common Stock, $0.01 par value per share.
 
Item 2(e).  CUSIP No.
 
153527106
 
Item 3.  If This Statement Is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the Person Filing is a:
 
Not Applicable.
 
 
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Item 4.  Ownership.
 
 
(a)
Amount Beneficially Owned:  
575,932*
       
 
(b)
Percent of Class:
4.7%*
       
 
(c)
Number of Shares as to which the person has:
 
         
   
(i)
sole power to vote or to direct the vote  
575,932*
         
   
(ii)
shared power to vote or to direct the vote  
0
         
   
(iii)
sole power to dispose or to direct the disposition of  
575,932*
         
   
(iv)
shared power to dispose or to direct the disposition of
0
     
 
* This Schedule 13G is being jointly filed by (i) PWAM, a Delaware limited liability company and the investment manager to (a) PWIMF, a Cayman Islands exempted company that is the holder of 479,167 shares of Common Stock of the Company reported on this Schedule 13G, and (b) PWPI, a Cayman Islands exempted company that is the holder of 96,765 shares of Common Stock reported on this Schedule 13G; and (ii) Peter S. Park, as the sole member and manager of PWAM.

The 575,932 shares of Common Stock held by the PW Funds, which constitute, in the aggregate, 4.7% of the shares of Common Stock deemed to be outstanding as of December 31, 2012, may be deemed to be beneficially owned (x) indirectly by PWAM, as the investment adviser to PWIMF and PWPI, and (y) indirectly by Mr. Park, as the sole member and manager of PWAM.  The foregoing beneficial ownership percentage is based upon 12,247,359 shares of Common Stock of the Company issued and outstanding as of November 30, 2012, based on information reported by the Company in its Annual Report on Form 10-K for the fiscal year ended September 29, 2012, filed with the Securities and Exchange Commission on December 13, 2012.
 
Item 5.  Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:  x
 
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.

Not Applicable.

Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

 
Not Applicable.

 
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Item 8.  Identification and Classification of Members of the Group.

Not Applicable.

Item 9.  Notice of Dissolution of Group.

Not Applicable.

Item 10.  Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 

 
 
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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
 
February 14, 2013
 
     
 
PARK WEST ASSET MANAGEMENT LLC
 
       
 
By:
/s/ James J. Watson
 
   
Name: James J. Watson
 
   
Title: Chief Financial Officer
 
     
     
 
/s/  Peter S. Park
 
 
Peter S. Park
 
 
 
 
Attention:  Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001)
 
 
 

 
 
Exhibit A


JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of them of a statement on Schedule 13G (including amendments thereto) with respect to the common stock, par value $0.01 per share, of Central Garden & Pet Company, and further agree that this Joint Filing Agreement be included as Exhibit A to such Schedule 13G.  In evidence thereof, the undersigned hereby execute this agreement this 14th day of February, 2013.

 
     
 
PARK WEST ASSET MANAGEMENT LLC
 
       
 
By:
/s/ James J. Watson
 
   
Name: James J. Watson
 
   
Title: Chief Financial Officer
 
     
     
 
/s/  Peter S. Park
 
 
Peter S. Park