Travis E. Leonard - Jun 8, 2023 Form 4 Insider Report for Hostess Brands, Inc. (TWNK)

Role
Executive Vice President, Chief Financial Officer
Signature
/s/ Jolyn J Sebree, Attorney-in-Fact
Stock symbol
TWNK
Transactions as of
Jun 8, 2023
Transactions value $
-$132,956
Form type
4
Date filed
6/12/2023, 04:53 PM
Previous filing
Apr 18, 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 -$26.6K -1.02K -25.23% $26.08 3.03K Jun 8, 2023 Direct F1
transaction TWNK Class A Common Stock, par value $0.0001 per share Disposed to Issuer -$106K -4.08K -24.1% $26.08 12.8K Jun 8, 2023 Direct F2
holding TWNK Restricted Stock Units 24.4K Jun 8, 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 8, 2023, the Company withheld 1,021 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of 3,477 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 $26.08 per share, the closing price of the Class A common stock on June 7, 2023, the vesting date.
F2 On June 8, 2023, the Company withheld 4,077 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of 13,889 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 $26.08 per share, the closing price of the Class A common stock on June 7, 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 Financial Officer