Michael John Cramer - 17 Jan 2023 Form 4 Insider Report for Hostess Brands, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
19 Jan 2023, 17:01:41 UTC
Prior SEC filing
13 May 2022
Next SEC filing
26 Jan 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jolyn J. Sebree, Attorney-in-Fact

Key filing fact

Michael John Cramer filed Form 4 for Hostess Brands, Inc. on 19 Jan 2023.

Key facts

  • This page summarizes Michael John Cramer's Form 4 filing for Hostess Brands, Inc..
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 19 Jan 2023, 17:01.

Change

  • Previous filing in this sequence was filed on 13 May 2022.
  • Current net transaction value: -$202,883.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TWNK transaction

Class A Common Stock, par value $0.0001 per share

Award

Transaction value
$0
Shares
+17,142
Change %
+39%
Price
$0.000000
Shares after
60,550
Date
17 Jan 2023
Ownership
Direct
Footnotes
F1
TWNK transaction

Class A Common Stock, par value $0.0001 per share

Tax liability

Transaction value
$157,688
Shares
-6,859
Change %
-11%
Price
$22.99
Shares after
53,691
Date
19 Jan 2023
Ownership
Direct
Footnotes
F2
TWNK transaction

Class A Common Stock, par value $0.0001 per share

Tax liability

Transaction value
$45,195
Shares
-1,971
Change %
-3.4%
Price
$22.93
Shares after
56,132
Date
19 Jan 2023
Ownership
Direct
Footnotes
F3
TWNK holding

Class A Common Stock, par value $0.0001 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,000
Date
17 Jan 2023
Ownership
By Individual Retirement Account
TWNK holding

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
9,374
Date
17 Jan 2023
Ownership
Direct
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents shares acquired by the reporting person upon the achievement of performance measures under performance share units ("PSUs") granted under the Amended and Restated Hostess Brands, Inc.'s 2016 Equity Incentive Plan.

Footnote F2

On January 19, 2023, Hostess Brands, Inc. (the "Company") withheld 6,859 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 $22.99 per share, the closing price of the Class A common stock on January 17, 2023, the date the Company's Talent & Compensation Committee certified the performance results.

Footnote F3

On January 19, 2023, the Company withheld 1,971 shares of Class A Common Stock to satisfy withholding taxes due in connection with the vesting of shares of Class A common stock underlying two awards of restricted stock units previously granted to the reporting person. Such shares had a market value of $22.93 per share, the closing price of the Class A common stock on January 13, 2023, the last trading date prior to vesting.

Footnote F4

Consists of previously disclosed restricted stock units that remained subject to time-based vesting criteria.

SEC remarks

Executive Vice President, Chief Administrative Officer and Assistant Secretary

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