Benjamin H. Griswold IV - 25 May 2023 Form 4 Insider Report for FLOWERS FOODS INC (FLO)

Role: Director
Signature: /s/ Stephanie B. Tillman, Agent
Issuer symbol: FLO
Transactions as of: 25 May 2023
Net transactions value: $0
Form type: 4
Filing time: 30 May 2023, 16:50:04 UTC
Previous filing: 10 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FLO	Common Stock	Options Exercise	$0	+5,300	+1.6%	$0.000000	343,284	25 May 2023	Direct
holding	FLO	Common Stock						5,062	25 May 2023	By Spouse	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FLO	Deferred Stock	Options Exercise	$0	-5,300	-100%	$0.000000^*	0	25 May 2023	Common Stock	5,300		Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Beneficial ownership is disclaimed.
F2	Granted under the Flowers Foods, Inc. 2014 Omnibus Equity and Incentive Compensation Plan.
F3	In accordance with the terms of the Flowers Foods, Inc. Deferred Shares Agreement for Directors, the deferred shares awarded do not have a conversion or exercise price.
F4	None.