Paul S. Michaels - 04 Apr 2022 Form 4 Insider Report for Krispy Kreme, Inc. (DNUT)

Role
Director
Signature
Lisa Brown, Attorney-in-Fact
Issuer symbol
DNUT
Transactions as of
04 Apr 2022
Net transactions value
$0
Form type
4
Filing time
06 Apr 2022, 21:28:48 UTC
Previous filing
04 Mar 2022
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DNUT Common Stock Award $0 +6,901 +25% $0.000000 34,980 04 Apr 2022 Direct F1
holding DNUT Common Stock 726,245 04 Apr 2022 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units ("RSUs") that upon vesting are settled on a one-for-one basis in shares of common stock. Subject to certain terms and conditions, the RSUs will vest in three installments as follows: 60% on April 4, 2025, 20% on April 4, 2026, and 20% on April 4, 2027.
F2 Shares are held by Cribb Investments, LLC, of which the Reporting Person is the Manager. The registered address for Cribb Investments, LLC is 892 Old Chester Road, Far Hills, New Jersey 07931.