John Lewis Kalal - 24 Jan 2022 Form 4 Insider Report for Hostess Brands, Inc.

Signature
/s/ Jolyn J. Sebree, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
24 Jan 2022
Net transactions value
-$49,569
Form type
4
Filing time
26 Jan 2022, 19:38:12 UTC
Previous filing
18 Jan 2022

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 $33,847 -1,669 -9% $20.28 16,932 24 Jan 2022 Direct F1
transaction TWNK Class A Common Stock, par value $0.0001 per share Tax liability $15,722 -810 -4.3% $19.41 17,908 26 Jan 2022 Direct F2
holding TWNK Restricted Stock Units 8,386 24 Jan 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John Lewis Kalal is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On January 24, 2022, the Company withheld 1,669 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 On January 26, 2022, the Company withheld 810 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 $19.41 per share, the closing price of the Class A common stock on January 21, 2022, the vesting date.
F3 Consists of previously disclosed restricted stock units that remained subject to time-based vesting criteria.

Remarks:

Senior Vice President & Chief Supply Chain Officer