DEFEO NEIL P 4
4 · Hostess Brands, Inc. · Filed Nov 28, 2017
Insider Transaction Report
Form 4
DEFEO NEIL P
Director
Transactions
- Purchase
Class A Common Stock, par value $0.0001 per share
2017-11-24$12.96/sh+10,000$129,600→ 26,482 total - Award
Class A Common Stock, par value $0.0001 per share
2017-11-24+3,799→ 16,482 total
Footnotes (2)
- [F1]Consists of a grant of restricted stock units. Each restricted stock unit represents the right, upon vesting, to receive a share of Class A Common Stock of Hostess Brands, Inc. (the "Company"). Such restricted stock units shall vest upon the first to occur of (i) the Company's first annual stockholders' meeting following June 15, 2017, (ii) the date that is nine calendar months following the grant date, (iii) the death or disability of the director, or (iv) a change of control of the Company, in each case, subject to continued service until such vesting date and shall be settled upon the director's termination of Board service, or if earlier, a change of control of the Company.
- [F2]Reflects the weighted average price of purchases on November 24, 2017. The shares were acquired in multiple transactions at prices ranging from $12.93 to $12.99, inclusive. 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 acquired at each separate price within such range.