Michael Gernigin - Nov 9, 2021 Form 3 Insider Report for Hostess Brands, Inc. (TWNK)

Role
Officer
Signature
/s/ Michael J. Gernigin
Stock symbol
TWNK
Transactions as of
Nov 9, 2021
Transactions value $
$0
Form type
3
Date filed
11/10/2021, 07:38 PM
Previous filing
Nov 10, 2021
Next filing
Jan 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TWNK Restricted Stock Units 1.5K Nov 9, 2021 Direct F1
holding TWNK Restricted Stock Units 8.77K Nov 9, 2021 Direct F2
holding TWNK Restricted Stock Units 3.57K Nov 9, 2021 Direct F3
holding TWNK Restricted Stock Units 2.28K Nov 9, 2021 Direct F4

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
holding TWNK Stock Options Nov 9, 2021 Class A Common Stock 13.2K $15.78 Direct F5
holding TWNK Stock Options Nov 9, 2021 Class A Common Stock 13K $15.98 Direct F5
holding TWNK Stock Options Nov 9, 2021 Class A Common Stock 6.75K $11.35 Direct F6
holding TWNK Stock Options Nov 9, 2021 Class A Common Stock 8.71K $13.90 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units ("RSUs") granted under the Hostess Brands, Inc. 2016 Equity Incentive Plan ("Equity Plan"). Each RSU represents the right to receive, upon vesting, one share of Class A Common Stock. These RSUs will vest in equal or nearly equal installments on January 15 of each of 2022 and 2023, assuming continued employment through the applicable vesting date.
F2 Consists of RSUs granted under the Equity Plan. Each RSU represents the right to receive, upon vesting, one share of Class A Common Stock. These RSUs will vest in equal or nearly equal installments on January 15 of each of 2022, 2023 and 2024, assuming continued employment through the applicable vesting date.
F3 Consists of RSUs granted under the Equity Plan. Each RSU represents the right to receive, upon vesting, one share of Class A Common Stock. These RSUs will vest in equal or nearly equal installments on January 21 of each of 2022 and 2023, assuming continued employment through the applicable vesting date.
F4 Consists of RSUs granted under the Equity Plan. Each RSU represents the right to receive, upon vesting, one share of Class A Common Stock. These RSUs will vest on January 11, 2022, assuming continued employment through the applicable vesting date.
F5 Consists of fully vested options to purchase shares of Class A Common Stock granted under the Equity Plan.
F6 Consists of options to purchase shares of Class A Common Stock granted under the Equity Plan. Such options are subject to vesting on January 11, 2022, assuming continued employment through the applicable vesting date.
F7 Consists of options to purchase shares of Class A Common Stock granted under the Equity Plan. Such options are subject to vesting in equal or nearly equal installments on January 21 of each of 2022 and 2023, assuming continued employment through the applicable vesting date.

Remarks:

Senior Vice President, Chief Accounting Officer & Interim Chief Financial Officer Exhibit 24.1 Power of Attorney