Adrian Poretti - Oct 4, 2023 Form 4 Insider Report for Hostess Brands, Inc. (TWNK)

Role
Senior Vice President, Chief Supply Chain Officer
Signature
/s/ Jolyn J Sebree, Attorney-in-Fact
Stock symbol
TWNK
Transactions as of
Oct 4, 2023
Transactions value $
-$169,061
Form type
4
Date filed
10/4/2023, 05:44 PM
Previous filing
Jan 19, 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 Tax liability -$42.3K -1.27K -45.38% $33.26 1.53K Oct 4, 2023 Direct F1
transaction TWNK Class A Common Stock, par value $0.0001 per share Tax liability -$127K -3.81K -38.37% $33.26 6.12K Oct 4, 2023 Direct F2
holding TWNK Restricted Stock Units 22.7K Oct 4, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 4, 2023, the Company withheld 1,271 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 $33.26 per share, the closing price of the Class A common stock on October 3, 2023, the vesting date.
F2 On October 4, 2023, the Company withheld 3,812 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 $33.26 per share, the closing price of the Class A common stock on October 3, 2023, the vesting date.
F3 Consists of previously disclosed restricted stock units that remained subject to time-based vesting criteria.

Remarks:

Senior Vice President, Chief Supply Chain Officer