JAB Indulgence B.V. - Jul 6, 2021 Form 4 Insider Report for Krispy Kreme, Inc. (DNUT)

Role: 10%+ Owner
Signature: /s/ Joachim Creus, Director of JAB Indulgence B.V.; /s/ Frank Engelen, Director of JAB Indulgence B.V.
Stock symbol: DNUT
Transactions as of: Jul 6, 2021
Transactions value $: $94,250,001
Form type: 4
Date filed: 7/8/2021, 05:05 PM
Previous filing: Jun 30, 2021
Next filing: Nov 15, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DNUT	Common Stock, par value $0.01 per share	Purchase	$94.3M	+5.88M		$16.02	5.88M	Jul 6, 2021	Direct	F1, F2
holding	DNUT	Common Stock, par value $0.01 per share						62.1M	Jul 6, 2021	JAB Indulgence B.V.	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On July 6, 2021, JAB Holdings B.V. purchased 5,882,353 shares of Common Stock, par value $0.01 per share (the "Shares"), of Krispy Kreme, Inc. ("Krispy Kreme") from the underwriters in connection with Krispy Kreme's initial public offering. Such Shares are subject to a 180-day lock-up restriction.
F2	These Shares are held and beneficially owned by JAB Holdings B.V., a direct or indirect subsidiary of each other Reporting Person herein (other than JAB Indulgence B.V.). As such, each other Reporting Person herein (other than JAB Indulgence B.V.) may be deemed a beneficial owner of Shares held by JAB Holdings B.V. Each such Reporting Person disclaims beneficial ownership of such Shares, except to the extent of its pecuniary interests therein.
F3	These Shares are held and beneficially owned by JAB Indulgence B.V., a direct or indirect subsidiary of each other Reporting Person herein. As such, each other Reporting Person herein may be deemed a beneficial owner of Shares held by JAB Indulgence B.V. Each such Reporting Person disclaims beneficial ownership of such Shares, except to the extent of its pecuniary interests therein.