Ryals McMullian - 21 Feb 2024 Form 4 Insider Report for FLOWERS FOODS INC (FLO)

Signature
/s/ Stephanie B. Tillman, Agent
Issuer symbol
FLO
Transactions as of
21 Feb 2024
Net transactions value
-$1,634,968
Form type
4
Filing time
22 Feb 2024, 17:23:54 UTC
Previous filing
03 Jan 2024
Next filing
02 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLO Common Stock Award $0 +184,211 +20% $0.000000 1,102,628 21 Feb 2024 Direct F3, F6
transaction FLO Common Stock Tax liability $1,634,968 -71,396 -6.5% $22.90 1,031,232 21 Feb 2024 Direct F3
holding FLO Common Stock 5,815 21 Feb 2024 By 401(k) F1
holding FLO Common Stock 22,088 21 Feb 2024 By Spouse F2
holding FLO Common Stock 113,059 21 Feb 2024 By Trusts for Minor Children F2, F3, F4
holding FLO Common Stock 1,581,380 21 Feb 2024 The McMullian Family Wealth Preservation Trust F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total includes exempt acquisitions of shares allocated to reporting person under Issuer's 401(k) Plan, based on a plan statement dated as of 12/31/2023.
F2 Beneficial ownership is disclaimed.
F3 Total includes shares acquired through reinvestment of dividends, based upon a statement dated 12/15/2023.
F4 Total of shares held in irrevocable trusts established for the benefit of reporting person's minor children, over which shares reporting person does not have investment authority or voting or dispositive power.
F5 The reported securities are held by Dellwood-McMullian Holdings, LLC (the "Family LLC"), a limited liability company in which The McMullian Family Wealth Preservation Trust (the "Trust") owns all of the Class B (Nonvoting) Membership Units and the reporting person's sister owned all of the Class A (Voting) Membership Units. The reporting person is a beneficiary of the Trust and does not serve as trustee. The reporting person has no investment authority and no voting or dispositive power over the shares of common stock of Flowers Foods, Inc. owned by the Family, LLC.
F6 Vesting of contingent performance share units granted under the Flowers Foods, Inc. 2014 Omnibus Equity and Incentive Compensation Plan (Amended and Restated Effective May 25, 2023).