Paul S. Michaels - 11 Apr 2024 Form 4 Insider Report for Krispy Kreme, Inc. (DNUT)

Role
Director
Signature
/s/ Rebecca Morley, Attorney-in-Fact
Issuer symbol
DNUT
Transactions as of
11 Apr 2024
Net transactions value
$0
Form type
4
Filing time
12 Apr 2024, 16:19:17 UTC
Previous filing
06 Mar 2024
Next filing
07 Mar 2025
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 +6,672 +16% $0.000000 48,231 11 Apr 2024 Direct F1, F2
holding DNUT Common Stock 726,245 11 Apr 2024 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 as follows: 60% on April 11, 2027, 20% on April 11, 2028, and 20% on April 11, 2029.
F2 Direct: 16,350, unvested RSUs: 31,881.
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. Direct: 512,053, unvested RSUs: 214,192.