| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FLO | Common Stock | Other | -200K | -11.23% | 1.58M | Oct 10, 2022 | The McMullian Family Wealth Preservation Trust | F1, F2 | ||
| transaction | FLO | Common Stock | Other | -200 | -0.01% | 1.58M | Oct 10, 2022 | The McMullian Family Wealth Preservation Trust | F2, F3 | ||
| holding | FLO | Common Stock | 727K | Oct 10, 2022 | Direct | F4 | |||||
| holding | FLO | Common Stock | 5.06K | Oct 10, 2022 | By 401(k) | F5 | |||||
| holding | FLO | Common Stock | 20.8K | Oct 10, 2022 | By Spouse | F6 | |||||
| holding | FLO | Common Stock | 104K | Oct 10, 2022 | By Trusts for Minor Children | F4, F6, F7 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | FLO | Restricted Stock Award | 43.3K | Oct 10, 2022 | Common Stock | 43.3K | $0.00 | Direct | F8, F9, F10 |
| Id | Content |
|---|---|
| F1 | The reported securities are held by Dellwood-McMullian Holdings, LLC (the "Family LLC"), a limited liability company in which The McMullian Family Wealth Preservation Trust (the "Trust") owns all of the Class B (Nonvoting) Membership Units and the reporting person's sister owned all of the Class A (Voting) Membership Units. On 10/10/2022, the Family LLC distributed 200,000 shares of common stock of Flowers Foods, Inc. to the Trust, then these shares were immediately transferred from the Trust to a revocable trust for the benefit of the reporting person's father to repay a portion of an outstanding promissory note. The reporting person does not serve as trustee of the revocable trust and has no investment authority or voting or dispositive power over the shares of common stock of Flowers Foods, Inc. held in such revocable trust. |
| F2 | Reporting person is a beneficiary of the Trust and does not serve as a trustee. On 11/30/2021, the Trust purchased 99,900 Class B (Nonvoting) Membership Units, in which the reporting person's father owned all of the Class B Membership Units and the reporting person's sister owned all of the Class A (Voting) Membership Units. The Trust purchased the Class B Membership Units from the reporting person's father in exchange for two promissory notes in an aggregate principal amount of approximately $49 million, based on an estimated appraised value of the Class B Membership Units in the Family LLC transferred, which consideration is subject to adjustment for a valuation of the Class B Membership Units transferred. The reporting person has provided a limited guaranty of the promissory notes. The reporting person has no investment authority, no voting or dispositive power over the shares of common stock of Flowers Foods, Inc. owned by the Family LLC. |
| F3 | The reported securities are held by the Family LLC. On October 10, 2022, the Family LLC distributed 200 shares of common stock of Flowers Foods, Inc. to the reporting person's sister. |
| F4 | Total includes shares acquired through reinvestment of dividends, based upon a statement dated 09/16/2022. |
| F5 | 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. |
| F6 | Beneficial ownership is disclaimed. |
| F7 | Total of shares held in irrevocable trusts established for the benefit of reporting person's minor children, over which shares reporting person does not have investment authority or voting or dispositive power. |
| F8 | Granted under the Flowers Foods, Inc. 2014 Omnibus Equity and Incentive Compensation Plan. |
| F9 | None. |
| F10 | No expiration date. |