Craig D. Steeneck - Jun 8, 2022 Form 4 Insider Report for Hostess Brands, Inc. (TWNK)

Role
Director
Signature
/s/ Jolyn J. Sebree, Attorney-in-Fact
Stock symbol
TWNK
Transactions as of
Jun 8, 2022
Transactions value $
$0
Form type
4
Date filed
6/10/2022, 05:14 PM
Previous filing
May 9, 2022
Next filing
Mar 15, 2023

Transactions Table

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 +4.9K +8.79% $0.00 60.6K Jun 8, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive one share of Class A common stock of Hostess Brands, Inc. (the "Company"). These restricted stock units will vest upon the first to occur of (i) the 2023 Annual Meeting, (ii) 15 months after the date of grant, (iii) the death or disability of the director, or (iv) a change of control of the Company, in each case, subject to continued service until such vesting date, and shall be settled upon the director's termination of Board service or if earlier, a change of control of the Company.