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 | -$44.4K | -2.19K | -35.64% | $20.28 | 3.95K | Jan 24, 2022 | Direct | F1 |
transaction | TWNK | Restricted Stock Units | Award | $0 | +8.07K | $0.00 | 8.07K | Jan 21, 2022 | Direct | F2 | |
holding | TWNK | Restricted Stock Units | 12.8K | Jan 21, 2022 | Direct | F3 |
Id | Content |
---|---|
F1 | On January 24, 2022, the Company withheld 2,188 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of shares of Class A common stock underlying two awards of restricted stock units previously granted to the reporting person. Such shares had a market value of $20.28 per share, the closing price of the Class A common stock on January 14, 2022, the last trading date prior to vesting. |
F2 | Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of Class A Common Stock. These restricted stock units will vest in equal or nearly equal installments on January 21 of each 2023, 2024 and 2025, assuming continued employment through the applicable vesting date. |
F3 | Consists of previously disclosed restricted stock units that remained subject to time-based vesting criteria. This Form 4 contains the correct number of restricted stock units beneficially owned directly by the reporting person, which number was inadvertently misstated in a prior Form 4 filed on November 17, 2021. |
Senior Vice President, Chief People Officer