Stephanie B. Tillman - Jan 5, 2022 Form 4 Insider Report for FLOWERS FOODS INC (FLO)

Signature
/s/ Stephanie B. Tillman
Stock symbol
FLO
Transactions as of
Jan 5, 2022
Transactions value $
-$8,977
Form type
4
Date filed
1/24/2022, 04:37 PM
Previous filing
Jul 20, 2021
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLO Common Stock Tax liability -$8.98K -322 -2.97% $27.88 10.5K Jan 5, 2022 Direct F1, F2
holding FLO Common Stock 529 Jan 5, 2022 By 401(k) F3
holding FLO Common Stock 600 Jan 5, 2022 As custodian for children's accounts F4
* 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, based on a plan statement dated as of 12/31/2021.
F4 Beneficial ownership is disclaimed.