Sebree Jolyn Jenssen 4
4 · Hostess Brands, Inc. · Filed Jan 18, 2022
Insider Transaction Report
Form 4
Sebree Jolyn Jenssen
See Remarks
Transactions
- Award
Class A Common Stock, par value $0.0001 per share
2022-01-13+29,118→ 56,897 total - Tax Payment
Class A Common Stock, par value $0.0001 per share
2022-01-18$19.83/sh−8,967$177,816→ 47,930 total - Tax Payment
Class A Common Stock, par value $0.0001 per share
2022-01-18$20.22/sh−1,298$26,246→ 50,272 total
Holdings
- 22,155
Restricted Stock Units
Footnotes (4)
- [F1]Represents shares acquired by the reporting person upon the achievement of performance measures under performance share units ("PSUs") granted under Hostess Brands, Inc.'s 2016 Equity Incentive Plan.
- [F2]On January 18, 2022, Hostess Brands, Inc. (the "Company") withheld 8,967 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of the PSUs referred to above. Such shares had a market value of $19.83 per share, the closing price of the Class A common stock on January 13, 2022, the date the Company's Talent & Compensation Committee certified the performance results.
- [F3]On January 18, 2022, the Company withheld 1,298 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of one-third of the shares of Class A common stock underlying an award of restricted stock units previously granted to the reporting person. Such shares had a market value of $20.22 per share, the closing price of the Class A common stock on January 11, 2022, the vesting date.
- [F4]Consists of previously disclosed restricted stock units that remained subject to time-based vesting criteria.