Daniel James O'Leary - 03 Jun 2022 Form 4 Insider Report for Hostess Brands, Inc.

Signature
/s/ Jolyn J. Sebree, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
03 Jun 2022
Net transactions value
-$84,621
Form type
4
Filing time
07 Jun 2022, 17:11:27 UTC
Previous filing
25 Jan 2022
Next filing
19 Jan 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 $26,032 -1,257 -29% $20.71 3,033 03 Jun 2022 Direct F1
transaction TWNK Class A Common Stock, par value $0.0001 per share Tax liability $58,589 -2,829 -22% $20.71 9,856 03 Jun 2022 Direct F2
holding TWNK Restricted Stock Units 29,399 03 Jun 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 3, 2022, the Company withheld 1,257 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of 4,290 shares of Class A common stock underlying an award of restricted stock units previously granted to the reporting person. Such shares had a market value of $20.71 per share, the closing price of the Class A common stock on June 2, 2022, the vesting date.
F2 On June 3, 2022, the Company withheld 2,829 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of 9,652 shares of Class A common stock underlying an award of restricted stock units previously granted to the reporting person. Such shares had a market value of $20.71 per share, the closing price of the Class A common stock on June 2, 2022, the vesting date.
F3 Consists of previously disclosed restricted stock units that remained subject to time-based vesting criteria.

Remarks:

Executive Vice President, Chief Growth Officer