Andrew P. Callahan - 12 May 2021 Form 4 Insider Report for Hostess Brands, Inc. (TWNK)

Role
President and Chief Executive Officer, Director
Signature
/s/ Jolyn J. Sebree, Attorney-in-Fact
Issuer symbol
TWNK
Transactions as of
12 May 2021
Transactions value $
-$153,876
Form type
4
Filing time
14 May 2021, 16:05:40 UTC
Next filing
18 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWNK Class A Common Stock, par value $0.0001 per share Tax liability -$154K -9.8K -8.39% $15.70 107K 12 May 2021 Direct F1
holding TWNK Restricted Stock Units 174K 12 May 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 12, 2021, Hostess Brands, Inc. withheld 9,801 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of one-third of the shares of Class A common stock underlying an award of restricted stock units previously granted to the reporting person. Such shares had a market value of $15.70 per share, the closing price of the Class A common stock on May 7, 2021, the vesting date.
F2 Consists of previously disclosed restricted stock units that remain subject to time-based vesting criteria.

Remarks:

President and Chief Executive Officer