Daniel James O'Leary - Jan 24, 2023 Form 4 Insider Report for Hostess Brands, Inc. (TWNK)

Role
Executive Vice President, Chief Growth Officer
Signature
/s/ Jolyn J. Sebree, Attorney-in-Fact
Stock symbol
TWNK
Transactions as of
Jan 24, 2023
Transactions value $
-$40,283
Form type
4
Date filed
1/26/2023, 04:39 PM
Previous filing
Jan 19, 2023
Next filing
Jun 7, 2023
SEC
View on sec.gov

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 -$40.3K -1.85K -13.6% $21.81 11.7K Jan 24, 2023 Direct F1
holding TWNK Restricted Stock Units 38.8K Jan 24, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 24, 2023, the Company withheld 1,847 shares of Class A Common Stock to satisfy withholding taxes due in connection with the vesting of 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 $21.81 per share, the closing price of the Class A common stock on January 20, 2023, the last trading date prior to vesting.
F2 Consists of previously disclosed restricted stock units that remained subject to time-based vesting criteria.

Remarks:

Executive Vice President, Chief Growth Officer