Darryl Patrick Riley - 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, 17:03:05 UTC
Prior SEC filing
26 Jan 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

Darryl Patrick Riley filed Form 4 for Hostess Brands, Inc. on 19 Jan 2023.

Key facts

  • This page summarizes Darryl Patrick Riley's Form 4 filing for Hostess Brands, Inc..
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 19 Jan 2023, 17:03.

Change

  • Previous filing in this sequence was filed on 26 Jan 2022.
  • Current net transaction value: -$169,982.

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

Restricted Stock Units

Award

Transaction value
$0
Shares
+7,102
Change %
Price
$0.000000
Shares after
7,102
Date
17 Jan 2023
Ownership
Direct
Footnotes
F1
TWNK transaction

Class A Common Stock, par value $0.0001 per share

Award

Transaction value
$0
Shares
+14,286
Change %
+36%
Price
$0.000000
Shares after
54,224
Date
17 Jan 2023
Ownership
Direct
Footnotes
F2
TWNK transaction

Class A Common Stock, par value $0.0001 per share

Tax liability

Transaction value
$132,330
Shares
-5,756
Change %
-11%
Price
$22.99
Shares after
48,468
Date
19 Jan 2023
Ownership
Direct
Footnotes
F3
TWNK transaction

Class A Common Stock, par value $0.0001 per share

Tax liability

Transaction value
$37,651
Shares
-1,642
Change %
-3.1%
Price
$22.93
Shares after
50,502
Date
19 Jan 2023
Ownership
Direct
Footnotes
F4
TWNK holding

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10,913
Date
17 Jan 2023
Ownership
Direct
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of Class A common stock. These restricted stock units will vest in equal or nearly equal installments on January 17 of each 2024, 2025, and 2026, assuming continued employment through the applicable vesting date.

Footnote F2

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. 2016 Equity Incentive Plan.

Footnote F3

On January 17, 2023, Hostess Brands, Inc. (the "Company") withheld 5,756 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 F4

On January 19, 2023, the Company withheld 1,642 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 F5

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

SEC remarks

Senior Vice President, Chief Sustainability Officer

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