Travis E. Leonard - 08 Jun 2023 Form 4 Insider Report for Hostess Brands, Inc.

Signature
/s/ Jolyn J Sebree, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
08 Jun 2023
Net transactions value
-$132,956
Form type
4
Filing time
12 Jun 2023, 16:53:40 UTC
Previous filing
18 Apr 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 Disposed to Issuer $26,628 -1,021 -25% $26.08 3,025 08 Jun 2023 Direct F1
transaction TWNK Class A Common Stock, par value $0.0001 per share Disposed to Issuer $106,328 -4,077 -24% $26.08 12,837 08 Jun 2023 Direct F2
holding TWNK Restricted Stock Units 24,439 08 Jun 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 8, 2023, the Company withheld 1,021 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of 3,477 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 $26.08 per share, the closing price of the Class A common stock on June 7, 2023, the vesting date.
F2 On June 8, 2023, the Company withheld 4,077 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of 13,889 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 $26.08 per share, the closing price of the Class A common stock on June 7, 2023, the vesting date.
F3 Consists of previously disclosed restricted stock units that remained subject to time-based vesting criteria.

Remarks:

Executive Vice President, Chief Financial Officer