Hostess CDM Co-Invest, LLC 4
4 · Hostess Brands, Inc. · Filed Oct 22, 2020
Insider Transaction Report
Form 4
Transactions
- Other
Class A Common Stock
[F1]2020-10-20+1,100→ 1,100 total - Sale
Class A Common Stock
[F2]2020-10-20$13.28/sh−1,100$14,608→ 0 total - Other
Class B Common Stock
[F1]2020-10-20−1,100→ 4,616,492 total→ Class A Common Stock (1,100 underlying)
Footnotes (2)
- [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]The shares were sold pursuant to a 10b5-1 plan 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.
Signature
/s/ C. Dean Metropoulos|2020-10-22