SEC Form 4 · accession 0000899243-17-010538
Hostess Brands, Inc. · TWNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Apr 17, 2017
Accepted (ET)
Apr 19, 2017 · 4:47 pm EDT
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 | Apr 17, 2017 | J | 521,739 | — | A | 521,739 | D | |
| Class A Common StockF1 | Apr 18, 2017 | J | 78,261 | — | A | 600,000 | D | |
| Class A Common Stock | Apr 19, 2017 | S | 600,000 | $15.25 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1 | — | Apr 17, 2017 | J | 521,739 | D | — | — | Class A Common Stock | 600,000 | 1,804,381 | D |
| Class B Common StockF1 | — | Apr 18, 2017 | J | 78,261 | D | — | — | Class A Common Stock | 600,000 | 1,726,120 | D |
Explanation of responses
- F1Pursuant to the Exchange Agreement, dated November 4, 2016, by and among 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.
Remarks
Member of Director/Officer/10% owner group