4//SEC Filing
CDM Hostess Class C, LLC 4
Accession 0000899243-17-029352
CIK 0001644406other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 8:39 PM ET
Size
9.9 KB
Accession
0000899243-17-029352
Insider Transaction Report
Form 4
Transactions
- Other
Class B Common Stock
2017-12-18−31,685→ 988,224 total→ Class A Common Stock (31,685 underlying) - Other
Class A Common Stock
2017-12-18+31,685→ 31,685 total - Sale
Class A Common Stock
2017-12-18$15.30/sh−31,685$484,853→ 0 total
Footnotes (2)
- [F1]Pursuant to the Exchange Agreement, dated November 4, 2016, by and between 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.
- [F2]Reflects the weighted average price of sales on December 18, 2017. The shares were sold pursuant to a 10b5-1 trading plan in multiple transactions at prices ranging from $15.30 to $15.37, inclusive. The 10b5-1 trading plan was established by C. Dean Metropoulos, the controlling person of the reporting person, on September 14, 2017 to provide for sales of shares, from time to time, by entities controlled thereby, within pre-determined price and quantity limits. The reporting person undertakes to provide to Hostess Brands, Inc., any security holder of Hostess Brands, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
Documents
Issuer
Hostess Brands, Inc.
CIK 0001644406
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001689842
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 8:39 PM ET
- Size
- 9.9 KB