Paul S. Michaels - 09 May 2023 Form 4 Insider Report for Krispy Kreme, Inc. (DNUT)

Role
Director
Signature
Rebecca Morley, Attorney-in-Fact
Issuer symbol
DNUT
Transactions as of
09 May 2023
Net transactions value
$0
Form type
4
Filing time
11 May 2023, 17:37:06 UTC
Previous filing
03 Mar 2023
Next filing
15 Sep 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 +6,579 +19% $0.000000 41,559 09 May 2023 Direct F1, F2
holding DNUT Common Stock 726,245 09 May 2023 See footnote F3
* 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 asfollows: 60% on May 9, 2026, 20% on May 9, 2027, and 20% on May 9, 2028.
F2 Direct: 8,787, unvested RSUs: 32,772.
F3 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.