Hostess Brands, Inc. 4
4 · Hostess Brands, Inc. · Filed Mar 27, 2017
Insider Transaction Report
Form 4
Raine Burke Elliott
See Remarks
Transactions
- Award
Stock Options
2017-03-23+26,248→ 26,248 totalExercise: $15.78Exp: 2027-03-22→ Class A Common Stock (26,248 underlying) - Award
Restricted Stock Units
2017-03-23+27,000→ 27,000 total
Footnotes (2)
- [F1]Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive a share of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock") of Hostess Brands, Inc. (the "Company"), upon vesting. Such restricted stock units shall vest in equal or nearly equal installments on each of November 4, 2017, November 4, 2018 and November 4, 2019 (a "Vesting Date"), assuming continued employment through the applicable Vesting Date.
- [F2]Consists of a grant of options to purchase shares of Class A Common Stock. Such options are subject to vesting in equal or nearly equal installments on November 4 of each of 2017, 2018, 2019 and 2020 (an "Option Vesting Date"), assuming continued employment through the applicable Option Vesting Date.