SEC Form 4 · accession 0000899243-17-000967
Hostess Brands, Inc. · TWNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
PLATINUM EQUITY LLC
10% Owner
Alec E Gores
10% Owner
Tom Gores
10% Owner
Gores Sponsor LLC
10% Owner
Period of report
Dec 14, 2016
Accepted (ET)
Jan 10, 2017 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001644406
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Dec 14, 2016 | S | 1,600 | $12.936 | D | 13,823,132 | I | See footnote |
| Class A Common StockF1 | Dec 15, 2016 | S | 500 | $12.8957 | D | 13,822,632 | I | See footnote |
| Class A Common StockF2,F1 | Dec 16, 2016 | S | 29,200 | $12.7948 | D | 13,793,432 | I | See footnote |
| Class A Common StockF3,F1 | Dec 19, 2016 | S | 2,100 | $12.9198 | D | 13,791,332 | I | See footnote |
| Class A Common StockF4,F1 | Dec 20, 2016 | S | 165,681 | $12.9415 | D | 13,625,651 | I | See footnote |
| Class A Common StockF5,F1 | Dec 21, 2016 | S | 546,387 | $12.9983 | D | 13,079,264 | I | See footnote |
| Class A Common StockF6,F1 | Dec 22, 2016 | S | 158,732 | $12.9603 | D | 12,920,532 | I | See footnote |
| Class A Common StockF1 | Dec 23, 2016 | S | 186,800 | $12.9412 | D | 12,733,732 | I | See footnote |
| Class A Common StockF1 | Dec 27, 2016 | S | 36,502 | $12.92 | D | 12,697,230 | I | See footnote |
| Class A Common StockF1 | Dec 28, 2016 | S | 19,698 | $12.9287 | D | 12,677,532 | I | See footnote |
| Class A Common StockF7,F1 | Dec 29, 2016 | S | 21,812 | $12.9142 | D | 12,655,720 | I | See footnote |
| Class A Common StockF1 | Dec 30, 2016 | S | 98,663 | $13.0139 | D | 12,557,057 | I | See footnote |
| Class A Common StockF8,F1 | Jan 3, 2017 | S | 672,973 | $13.0104 | D | 11,884,084 | I | See footnote |
| Class A Common StockF9,F1 | Jan 4, 2017 | S | 232,057 | $12.9975 | D | 11,652,027 | I | See footnote |
| Class A Common StockF1 | Jan 5, 2017 | S | 392,295 | $12.9586 | D | 11,259,732 | I | See footnote |
| Class A Common StockF10,F1 | Jan 6, 2017 | S | 600,000 | $12.9937 | D | 10,659,732 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities reported herein are held of record by Gores Sponsor, LLC ("Gores Sponsor"). Platinum Equity LLC ("Platinum Equity") and AEG Holdings, LLC ("AEG") are the managing member of Gores Sponsor and as a result share the power to vote and dispose of the securities held of record by Gores Sponsor. Tom Gores, the chairman and chief executive officer of Platinum Equity, is the ultimate beneficial owner of Platinum Equity. Alec Gores is the managing member of AEG. As such, each of Platinum Equity, AEG and Tom Gores and Alec Gores may be deemed to share beneficial ownership of the securities beneficially owned by Gores Sponsor.
- F10The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.9701 to $13.0173. The reporting persons undertake to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.7697 to $12.8997. The reporting persons undertake to provide Hostess Brands, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.8627 to $12.9716. The reporting persons undertake to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.8826 to $12.9716. The reporting persons undertake to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.8981 to $13.2297. The reporting persons undertake to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.9590 to $12.9607. The reporting persons undertake to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.9138 to $12.9158. The reporting persons undertake to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.9806 to $13.0267. The reporting persons undertake to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F9The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.9476 to $13.0408. The reporting persons undertake to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.