Leonard Travis E. 4
4 · Hostess Brands, Inc. · Filed Jun 9, 2022
Insider Transaction Report
Form 4
Leonard Travis E.
See Remarks
Transactions
- Award
Restricted Stock Units
2022-06-07+13,889→ 24,322 total - Award
Restricted Stock Units
2022-06-07+10,433→ 10,433 total
Footnotes (2)
- [F1]In connection with the reporting person's hiring as Executive Vice President, Chief Financial Officer of Hostess Brands, Inc. (the "Company"), the Company has granted two awards of restricted stock units to the reporting person. The first restricted stock unit award represents the right to receive, upon vesting one share of Class A Common Stock. This award will vest over three years in equal or nearly equal installments on June 7 of each of 2023, 2024, and 2025, assuming continued employment through the applicable vesting date.
- [F2]The second restricted stock unit award was a sign-on equity award with a one-year vesting period. These restricted stock units will vest on June 7, 2023, assuming continued employment through such vesting date.