H. Mark Courtney - 11 Mar 2021 Form 4 Insider Report for FLOWERS FOODS INC (FLO)

Signature
/s/ Stephanie B. Tillman, Agent
Issuer symbol
FLO
Transactions as of
11 Mar 2021
Net transactions value
-$11,626
Form type
4
Filing time
24 Jan 2022, 16:29:07 UTC
Previous filing
21 Jan 2022
Next filing
25 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLO Common Stock Gift $0 -1,500 -3.5% $0.000000 41,823 11 Mar 2021 Direct
transaction FLO Common Stock Tax liability $11,626 -417 -1% $27.88 41,406 05 Jan 2022 Direct F1, F2
holding FLO Common Stock 567 11 Mar 2021 By 401(k) F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares surrendered in satisfaction of withholding taxes pursuant to the vesting of the final of three tranches of Time Based Restricted Stock Units ("TBRSUs") initially granted to reporting person on 12/30/2018.
F2 Includes the TBRSUs granted to reporting person under the Flowers Foods, Inc. 2014 Omnibus Equity and Incentive Compensation Plan pursuant to an agreement dated 12/30/2018, which TBRSUs became non-forfeitable over the period running through January 5, 2022, with one-third (1/3) of the TBRSUs becoming non-forfeitable on each of (a) January 5, 2020, (ii) January 5, 2021, and (c) January 5, 2022, subject to reporting person having remained in the continuous employ of the Company and/or a Subsidiary until said date.
F3 Total includes exempt acquisitions of shares allocated to reporting person under Issuer's 401(k) Plan, as of a statement dated 12/31/2021.