Andrew Wilson Jacobs - 04 Jun 2021 Form 4 Insider Report for Hostess Brands, Inc.

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
08 Jun 2021, 20:00:23 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jolyn J. Sebree, Attorney-in-Fact

Key filing fact

Andrew Wilson Jacobs filed Form 4 for Hostess Brands, Inc. on 08 Jun 2021.

Key facts

  • This page summarizes Andrew Wilson Jacobs's Form 4 filing for Hostess Brands, Inc..
  • 9 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 08 Jun 2021, 20:00.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$147,658.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TWNK transaction

Class A Common Stock, par value $0.0001 per share

Options Exercise

Transaction value
$209,250
Shares
+15,000
Change %
+17%
Price
$13.95
Shares after
103,250
Date
04 Jun 2021
Ownership
Direct
TWNK transaction

Class A Common Stock, par value $0.0001 per share

Options Exercise

Transaction value
$1,242,659
Shares
+78,749
Change %
+76%
Price
$15.78
Shares after
181,999
Date
04 Jun 2021
Ownership
Direct
TWNK transaction

Class A Common Stock, par value $0.0001 per share

Options Exercise

Transaction value
$796,781
Shares
+70,201
Change %
+39%
Price
$11.35
Shares after
252,200
Date
04 Jun 2021
Ownership
Direct
TWNK transaction

Class A Common Stock, par value $0.0001 per share

Options Exercise

Transaction value
$266,366
Shares
+19,163
Change %
+7.6%
Price
$13.90
Shares after
271,363
Date
04 Jun 2021
Ownership
Direct
TWNK transaction

Class A Common Stock, par value $0.0001 per share

Sale

Transaction value
$2,662,714
Shares
-166,797
Change %
-61%
Price
$15.96
Shares after
104,566
Date
04 Jun 2021
Ownership
Direct
Footnotes
F1
TWNK holding

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
72,755
Date
04 Jun 2021
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TWNK transaction Derivative

Stock Options

Options Exercise

Transaction value
$0
Shares
-15,000
Change %
-75%
Price
$0.000000
Shares after
5,000
Date
04 Jun 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
15,000
Exercise price
$13.95
Footnotes
F3
TWNK transaction Derivative

Stock Options

Options Exercise

Transaction value
$0
Shares
-78,749
Change %
-100%
Price
$0.000000*
Shares after
0
Date
04 Jun 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
78,749
Exercise price
$15.78
Footnotes
F4
TWNK transaction Derivative

Stock Options

Options Exercise

Transaction value
$0
Shares
-70,201
Change %
-67%
Price
$0.000000
Shares after
35,101
Date
04 Jun 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
70,201
Exercise price
$11.35
Footnotes
F5
TWNK transaction Derivative

Stock Options

Options Exercise

Transaction value
$0
Shares
-19,163
Change %
-33%
Price
$0.000000
Shares after
38,328
Date
04 Jun 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
19,163
Exercise price
$13.90
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Reflects the weighted average price of sales on June 4, 2021. The shares were sold in multiple transactions at prices ranging from $15.90 to $16.12, inclusive. The reporting person undertakes to provide to Hostess Brands, Inc., any security holder of Hostess Brands, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

Footnote F2

Consists of previously disclosed restricted stock units that remain subject to time-based vesting criteria.

Footnote F3

Such options vested in equal or nearly equal installments on December 6 of each of 2018, 2019, and 2020 and became exercisable upon vesting. The remaining stock options will vest on December 6, 2021.

Footnote F4

All of such options vested in equal or nearly equal installments on November 4, 2017, 2018, 2019 and 2020 and became exercisable upon vesting.

Footnote F5

Such options vested in equal or nearly equal installments on January 11 of each of 2020 and 2021 and became exercisable upon vesting. The remaining stock options will vest on January 11, 2022.

Footnote F6

Such options vested and became exercisable on January 21, 2021. The remaining stock options will vest in equal or nearly equal installments on January 11 of each of 2022 and 2023.

SEC remarks

Executive Vice President, Chief Customer & Experience Officer

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