Daniel James O'Leary - Jun 2, 2021 Form 4 Insider Report for Hostess Brands, Inc. (TWNK)

Role
Executive Vice President, Chief Growth Officer
Signature
/s/ Jolyn J. Sebree, Attorney-in-Fact
Stock symbol
TWNK
Transactions as of
Jun 2, 2021
Transactions value $
$0
Form type
4
Date filed
6/4/2021, 05:00 PM
Previous filing
May 25, 2021
Next filing
Jan 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWNK Restricted Stock Units Award $0 +12.9K $0.00 12.9K Jun 2, 2021 Direct F1
transaction TWNK Restricted Stock Units Award $0 +19.3K +150% $0.00 32.2K Jun 2, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the reporting person's hiring as Executive Vice President, Chief Growth Officer of Hostess Brands, Inc. (the "Company"), the Company has granted two awards of restricted stock units to the reporting person. Each restricted stock unit represents the right to receive, upon vesting, one share of Class A Common Stock. This award will vest over three years in equal or nearly equal installments on June 2 of each of 2022, 2023 and 2024, assuming continued employment through the applicable vesting date.
F2 This award was a sign-on equity award with a two-year vesting period. These restricted stock units will vest in equal or nearly equal installments on June 2 of each of 2022 and 2023, assuming continued employment through the applicable vesting date.

Remarks:

Executive Vice President, Chief Growth Officer