Raine Burke Elliott 4
4 · Hostess Brands, Inc. · Filed Mar 7, 2018
Insider Transaction Report
Form 4
Raine Burke Elliott
See Remarks
Transactions
- Award
Restricted Stock Units
2018-03-07+3,473→ 3,473 total
Holdings
- 18,000
Restricted Stock Units
Footnotes (2)
- [F1]On March 23, 2017, the Company granted an award of performance share units to the reporting person, the vesting of which is subject to the satisfaction of annual Adjusted EBITDA targets and continued employment during the three-year vesting period. On March 7, 2018, the Compensation Committee determined that, based upon the Company's Adjusted EBITDA for the year ended December 31, 2017, the performance condition with respect to the listed number of such performance share units was satisfied. The vesting of such units remains subject to the time-based vesting criteria.
- [F2]Consists of other previously disclosed restricted stock units that remain subject to time-based vesting.