CDM Hostess Class C, LLC 4
4 · Hostess Brands, Inc. · Filed Aug 16, 2019
Insider Transaction Report
Form 4
Transactions
- Sale
Class A Common Stock
2019-08-15$14.00/sh−962,472$13,474,608→ 0 total - Other
Class A Common Stock
2019-08-15+962,472→ 962,472 total - Other
Class B Common Stock
2019-08-15−962,472→ 0 total→ Class A Common Stock (962,472 underlying)
Footnotes (1)
- [F1]Pursuant to the Exchange Agreement, dated November 4, 2016, by and between the Issuer, the reporting person and the other parties thereto (the "Exchange Agreement"), each share of Class B Common Stock may be exchanged for one share of Class A Common Stock of the Issuer, if exchanged together with one Class B Unit of Hostess Holdings, L.P. The exchange rights under the Exchange Agreement do not expire.