Michael J. Tattersfield - Jul 6, 2021 Form 4 Insider Report for Krispy Kreme, Inc. (DNUT)

Signature
/s/ Michael J. Zeidel as attorney-in-fact
Stock symbol
DNUT
Transactions as of
Jul 6, 2021
Transactions value $
-$10,874,583
Form type
4
Date filed
8/18/2021, 06:45 PM
Previous filing
Aug 18, 2021
Next filing
Aug 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DNUT Common Stock Disposed to Issuer -$10.9M -679K -20.31% $16.02 2.67M Jul 6, 2021 Direct F1
transaction DNUT Common Stock Purchase $5.02K +295 $17.00 295 Jul 6, 2021 By Spouse F2
transaction DNUT Common Stock Purchase $5.02K +295 $17.00 295 Jul 6, 2021 By Child F2, F3
transaction DNUT Common Stock Gift $0 -295 -100% $0.00* 0 Jul 6, 2021 By Spouse
holding DNUT Common Stock 550K Jul 6, 2021 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the Issuer's registration statement on Form S-1 (File No. 333-256664) under the heading "Use of Proceeds," the Issuer used the proceeds from its initial public offering, together with cash on hand and borrowings under the Issuer's revolving credit facility, to repurchase from certain of the Issuer's executive officers, a number of shares of Common Stock of the Issuer, at a price per share equal to $16.0225.
F2 Reflects shares purchased through a directed share program in connection with the Issuer's initial public offering.
F3 The Reporting Person disclaims beneficial ownership of all securities owned by the Reporting Person's daughter except to the extent of his pecuniary interest therein.
F4 The shares are held in trust for the benefit of the Reporting Person's children and of which the trustee is the Reporting Person's spouse.