Jolyn J. Sebree - Jan 24, 2023 Form 4 Insider Report for Hostess Brands, Inc. (TWNK)

Role
Senior Vice President, General Counsel & Secretary
Signature
/s/ Jolyn J. Sebree
Stock symbol
TWNK
Transactions as of
Jan 24, 2023
Transactions value $
-$69,181
Form type
4
Date filed
1/26/2023, 04:44 PM
Previous filing
Jan 19, 2023
Next filing
Apr 18, 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 Tax liability -$69.2K -3.17K -4.1% $21.81 74.3K Jan 24, 2023 Direct F1
holding TWNK Restricted Stock Units 26.1K Jan 24, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 24, 2023, the Company withheld 3,172 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 $21.81 per share, the closing price of the Class A common stock on January 20, 2023, the last trading date prior to vesting.
F2 Consists of previously disclosed restricted stock units that remained subject to time-based vesting criteria.

Remarks:

Senior Vice President, General Counsel & Secretary