Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TWNK | Class A Common Stock, par value $0.0001 per share | Award | $0 | +197K | +183.55% | $0.00 | 304K | Jan 13, 2022 | Direct | F1 |
transaction | TWNK | Class A Common Stock, par value $0.0001 per share | Tax liability | -$1.73M | -87.1K | -28.68% | $19.83 | 217K | Jan 18, 2022 | Direct | F2 |
transaction | TWNK | Class A Common Stock, par value $0.0001 per share | Tax liability | -$226K | -11.2K | -4.63% | $20.22 | 230K | Jan 18, 2022 | Direct | F3 |
holding | TWNK | Restricted Stock Units | 150K | Jan 13, 2022 | Direct | F4 |
Id | Content |
---|---|
F1 | Represents shares acquired by the reporting person upon the achievement of performance measures under performance share units ("PSUs") granted under Hostess Brands, Inc.'s 2016 Equity Incentive Plan. |
F2 | On January 18, 2022, Hostess Brands, Inc. (the "Company") withheld 87,069 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of the PSUs referred to above. Such shares had a market value of $19.83 per share, the closing price of the Class A common stock on January 13, 2022, the date the Company's Talent & Compensation Committee certified the performance results. |
F3 | On January 18, 2022, the Company withheld 11,158 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of one-third of the shares of Class A common stock underlying an award of restricted stock units previously granted to the reporting person. Such shares had a market value of $20.22 per share, the closing price of the Class A common stock on January 11, 2022, the vesting date. |
F4 | Consists of previously disclosed restricted stock units that remained subject to time-based vesting criteria. |
President and Chief Executive Officer