Travis E. Leonard - 07 Jun 2022 Form 4 Insider Report for Hostess Brands, Inc.

Role
Executive Vice President, Chief Financial Officer
Signature
/s/ Jolyn J. Sebree, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
07 Jun 2022
Net transactions value
$0
Form type
4
Filing time
09 Jun 2022, 17:42:09 UTC
Previous filing
23 May 2022
Next filing
19 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWNK Restricted Stock Units Award $0 +10,433 $0.000000 10,433 07 Jun 2022 Direct F1
transaction TWNK Restricted Stock Units Award $0 +13,889 +133% $0.000000 24,322 07 Jun 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the reporting person's hiring as Executive Vice President, Chief Financial Officer of Hostess Brands, Inc. (the "Company"), the Company has granted two awards of restricted stock units to the reporting person. The first restricted stock unit award represents the right to receive, upon vesting one share of Class A Common Stock. This award will vest over three years in equal or nearly equal installments on June 7 of each of 2023, 2024, and 2025, assuming continued employment through the applicable vesting date.
F2 The second restricted stock unit award was a sign-on equity award with a one-year vesting period. These restricted stock units will vest on June 7, 2023, assuming continued employment through such vesting date.

Remarks:

Executive Vice President, Chief Financial Officer