FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Leonard Travis E.
2. Issuer Name and Ticker or Trading Symbol

Hostess Brands, Inc. [ TWNK ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
See Remarks
(Last)          (First)          (Middle)

C/O HOSTESS BRANDS, INC., 7905 QUIVIRA ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

6/8/2023
(Street)

LENEXA, KS 66215
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)        (State)        (Zip)
Rule 10b5-1(c) Transaction Indication
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, par value $0.0001 per share (1)6/8/2023  D  1021 D$26.08 3025 D  
Class A Common Stock, par value $0.0001 per share (2)6/8/2023  D  4077 D$26.08 12837 D  
Restricted Stock Units (3)        24439 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) On June 8, 2023, the Company withheld 1,021 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of 3,477 shares of Class A common stock underlying an award of restricted stock units previously granted to the reporting person. Such shares had a market value of $26.08 per share, the closing price of the Class A common stock on June 7, 2023, the vesting date.
(2) On June 8, 2023, the Company withheld 4,077 shares of Class A common stock to satisfy withholding taxes due in connection with the vesting of 13,889 shares of Class A common stock underlying an award of restricted stock units previously granted to the reporting person. Such shares had a market value of $26.08 per share, the closing price of the Class A common stock on June 7, 2023, the vesting date.
(3) Consists of previously disclosed restricted stock units that remained subject to time-based vesting criteria.

Remarks:
Executive Vice President, Chief Financial Officer

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Leonard Travis E.
C/O HOSTESS BRANDS, INC.
7905 QUIVIRA ROAD
LENEXA, KS 66215


See Remarks

Signatures
/s/ Jolyn J Sebree, Attorney-in-Fact6/12/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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