Daniel James O'Leary - Jun 5, 2023 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 5, 2023
Transactions value $
-$162,111
Form type
4
Date filed
6/7/2023, 04:50 PM
Previous filing
Jan 26, 2023
Next filing
Nov 7, 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 Disposed to Issuer -$49.9K -1.9K -11.87% $26.24 14.1K Jun 5, 2023 Direct F1
transaction TWNK Class A Common Stock, par value $0.0001 per share Disposed to Issuer -$112K -4.28K -17.99% $26.24 19.5K Jun 5, 2023 Direct F2
holding TWNK Restricted Stock Units 24.8K Jun 5, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 5, 2023, the Company withheld 1,901 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 $26.24 per share, the closing price of the Class A common stock on June 2, 2023, the vesting date.
F2 On June 5, 2023, the Company withheld 4,277 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of 9,653 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 $26.24 per share, the closing price of the Class A common stock on June 2, 2023, 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