Daniel James O'Leary - Jun 3, 2022 Form 4 Insider Report for Hostess Brands, Inc. (TWNK)

Role
Executive Vice President, Chief Growth Officer
Signature
/s/ Jolyn J. Sebree, Attorney-in-Fact
Stock symbol
TWNK
Transactions as of
Jun 3, 2022
Transactions value $
-$84,621
Form type
4
Date filed
6/7/2022, 05:11 PM
Previous filing
Jan 25, 2022
Next filing
Jan 19, 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 -$26K -1.26K -29.3% $20.71 3.03K Jun 3, 2022 Direct F1
transaction TWNK Class A Common Stock, par value $0.0001 per share Tax liability -$58.6K -2.83K -22.3% $20.71 9.86K Jun 3, 2022 Direct F2
holding TWNK Restricted Stock Units 29.4K Jun 3, 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