Craig D. Steeneck - Jun 6, 2023 Form 4 Insider Report for Hostess Brands, Inc. (TWNK)

Role: Director
Signature: /s/ Jolyn Sebree, Attorney-in-Fact
Stock symbol: TWNK
Transactions as of: Jun 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/8/2023, 04:36 PM
Previous filing: May 8, 2023
Next filing: Nov 6, 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	+5.21K	+8.59%	$0.00	65.9K	Jun 6, 2023	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 2024 Annual Stockholders 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.

Content

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 2024 Annual Stockholders 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.