SEC Form 4 · accession 0001739801-18-000005
Hostess Brands, Inc. · TWNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart S Daley
Officer — Senior VP, Operations
Period of report
Aug 1, 2018
Accepted (ET)
Aug 3, 2018 · 5:20 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 Stock, par value $0.0001 per shareF1 | Aug 1, 2018 | A | 10,227 | $0.00 | A | 10,227 | 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 | $13.99 | Aug 1, 2018 | A | 73,400 | A | — | Aug 1, 2028 | Class A Common Stock, par value $0.0001 per share | 73,400 | 73,400 | D |
Explanation of responses
- F1Consists of a grant of restricted stock units. Each restricted stock unit represents the right to receive, upon vesting, one share of Class A Common Stock. These restricted stock units will vest in equal or nearly equal installments on each of May 22, 2019, 2020 and 2021, subject, in each case, to continued employment until such 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 each of May 22, 2019, 2020, 2021 and 2022 (an"Option Vesting Date"), subject, in each case, to continued employment until the applicable Option Vesting Date.