SEC Form 4 · accession 0000899243-19-000317
Hostess Brands, Inc. · TWNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C. Dean Metropoulos
Director · 10% Owner
Period of report
Jan 1, 2019
Accepted (ET)
Jan 3, 2019 · 6:01 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 Stock, par value $0.0001 per shareF1 | Jan 1, 2019 | A | 3,539 | $0.00 | A | 458,939 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of a grant of restricted stock units in connection with the reporting person's new role as Non-Executive Chairman. Each restricted stock unit represents the right to receive a share of Class A Common Stock, par value $0.0001 per share of Hostess Brands, Inc. (the "Company"). Such restricted stock units shall vest upon the first to occur of (i) the Company's 2019 annual stockholders' meeting, (ii) the date that is nine calendar months following the grant date, (iii) the death or disability of the reporting person, 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 termination of the reporting person's Board service or if earlier, a change of control of the Company.