SEC Form 4 · accession 0001688074-17-000002
Hostess Brands, Inc. · TWNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Wilson Jacobs
Officer — See Remarks
Period of report
Dec 7, 2017
Accepted (ET)
Dec 11, 2017 · 5:06 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | Dec 7, 2017 | A | 5,000 | $0.00 | A | 85,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $13.95 | Dec 7, 2017 | A | 20,000 | A | — | Dec 6, 2027 | Class A Common Stock, par value $0.0001 per share | 20,000 | 20,000 | D |
Explanation of responses
- F1Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive a share of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock") of Hostess Brands, Inc., upon vesting. Such restricted stock units shall vest in equal or nearly equal installments on each of December 6, 2018, 2019, and 2020 (a "Vesting Date"), assuming continued employment through the applicable Vesting Date.
- F2Consists of a grant of options to purchase shares of Class A Common Stock. Such options are subject to vesting in equal or nearly equal installments on December 6, 2018, 2019, 2020 and 2021 (an "Option Vesting Date"), assuming continued employment through the applicable Option Vesting Date.
Remarks
Executive Vice President, Chief Operating Officer