Adrian Poretti - 04 Oct 2023 Form 4 Insider Report for Hostess Brands, Inc.

Signature
/s/ Jolyn J Sebree, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
04 Oct 2023
Net transactions value
-$169,061
Form type
4
Filing time
04 Oct 2023, 17:44:35 UTC
Previous filing
19 Jan 2023
Next filing
07 Nov 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 $42,273 -1,271 -45% $33.26 1,530 04 Oct 2023 Direct F1
transaction TWNK Class A Common Stock, par value $0.0001 per share Tax liability $126,787 -3,812 -38% $33.26 6,122 04 Oct 2023 Direct F2
holding TWNK Restricted Stock Units 22,749 04 Oct 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