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

Signature
/s/ Stephanie B. Tillman, Agent
Stock symbol
FLO
Transactions as of
Mar 11, 2021
Transactions value $
-$11,626
Form type
4
Date filed
1/24/2022, 04:29 PM
Previous filing
Jan 21, 2022
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLO Common Stock Gift $0 -1.5K -3.46% $0.00 41.8K Mar 11, 2021 Direct
transaction FLO Common Stock Tax liability -$11.6K -417 -1% $27.88 41.4K Jan 5, 2022 Direct F1, F2
holding FLO Common Stock 567 Mar 11, 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.