Ryals McMullian - Feb 22, 2023 Form 4 Insider Report for FLOWERS FOODS INC (FLO)

Role
President and CEO, Director
Signature
/s/ Stephanie B. Tillman, Agent
Stock symbol
FLO
Transactions as of
Feb 22, 2023
Transactions value $
-$1,647,496
Form type
4
Date filed
2/24/2023, 03:42 PM
Previous filing
Feb 10, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLO Common Stock Award $0 +152K +20.96% $0.00 876K Feb 22, 2023 Direct F1, F2
transaction FLO Common Stock Tax liability -$1.65M -58K -6.62% $28.41 818K Feb 22, 2023 Direct F2
holding FLO Common Stock 5.41K Feb 22, 2023 By 401(k) F3
holding FLO Common Stock 22.1K Feb 22, 2023 By Spouse F4
holding FLO Common Stock 109K Feb 22, 2023 By Trusts for Minor Children F4, F5
holding FLO Common Stock 1.58M Feb 22, 2023 The McMullian Family Wealth Preservation Trust F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of contingent performance share units granted under the Flowers Foods, Inc. 2014 Omnibus Equity and Incentive Compensation Plan.
F2 Total includes shares acquired through reinvestment of dividends, based upon a statement dated 12/31/2022.
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 12/31/2022.
F4 Beneficial ownership is disclaimed.
F5 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.
F6 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. The reporting person is a beneficiary of the Trust and does not serve as trustee. The reporting person has no investment authority and no voting or dispositive power over the shares of common stock of Flowers Foods, Inc. owned by the Family, LLC.