4//SEC Filing
Hostess CDM Co-Invest, LLC 4
Accession 0000899243-20-028657
CIK 0001644406other
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 8:05 PM ET
Size
22.2 KB
Accession
0000899243-20-028657
Insider Transaction Report
Form 4
Hostess CDM Co-Invest, LLC
10% OwnerOther
Transactions
- Other
Class A Common Stock
2020-10-16+264,663→ 264,663 total - Other
Class A Common Stock
2020-10-19+212,990→ 212,990 total - Other
Class B Common Stock
2020-10-15−349,743→ 5,095,245 total→ Class A Common Stock (349,743 underlying) - Other
Class B Common Stock
2020-10-16−264,663→ 4,830,582 total→ Class A Common Stock (264,663 underlying) - Sale
Class A Common Stock
2020-10-16$13.23/sh−264,663$3,500,618→ 0 total - Sale
Class A Common Stock
2020-10-19$13.34/sh−212,990$2,842,266→ 0 total - Other
Class B Common Stock
2020-10-19−212,990→ 4,617,592 total→ Class A Common Stock (212,990 underlying) - Other
Class A Common Stock
2020-10-15+349,743→ 349,743 total - Sale
Class A Common Stock
2020-10-15$13.24/sh−349,743$4,630,597→ 0 total
Footnotes (4)
- [F1]Pursuant to the Exchange Agreement, dated November 4, 2016, by and between Hostess Brands, Inc. (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.
- [F2]Reflects the weighted average price of sales on October 15, 2020. The shares were sold pursuant to a 10b5-1 plan in multiple transactions at prices ranging from $13.00 to $13.35, inclusive. The 10b5-1 trading plan was established by C. Dean Metropoulos, the controlling person of the reporting person, as of September 14, 2020, to provide for sales of shares, from time to time, by entities controlled thereby, within pre-determined price and quantity limits. The reporting person undertakes to provide to Hostess Brands, Inc., any security holder of Hostess Brands, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- [F3]Reflects the weighted average price of sales on October 16, 2020. The shares were sold pursuant to a 10b5-1 plan in multiple transactions at prices ranging from $13.07 to $13.39, inclusive. The 10b5-1 trading plan was established by C. Dean Metropoulos, the controlling person of the reporting person, as of September 14, 2020, to provide for sales of shares, from time to time, by entities controlled thereby, within pre-determined price and quantity limits. The reporting person undertakes to provide to Hostess Brands, Inc., any security holder of Hostess Brands, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- [F4]Reflects the weighted average price of sales on October 19, 2020. The shares were sold pursuant to a 10b5-1 plan in multiple transactions at prices ranging from $13.20 to $13.50, inclusive. The 10b5-1 trading plan was established by C. Dean Metropoulos, the controlling person of the reporting person, as of September 14, 2020, to provide for sales of shares, from time to time, by entities controlled thereby, within pre-determined price and quantity limits. The reporting person undertakes to provide to Hostess Brands, Inc., any security holder of Hostess Brands, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
Documents
Issuer
Hostess Brands, Inc.
CIK 0001644406
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001689843
Filing Metadata
- Form type
- 4
- Filed
- Oct 18, 8:00 PM ET
- Accepted
- Oct 19, 8:05 PM ET
- Size
- 22.2 KB