THOMASVILLE, Ga., Sept. 21, 2015 /PRNewswire/ -- Flowers Foods,
Inc. (NYSE: FLO) today announced that Allen
L. Shiver, president and chief executive officer, has
exercised stock options for 117,168 shares in a transaction with
the company and consequently increased his direct ownership from
577,359 shares of Flowers Foods common stock to 612,027 shares,
which is well in excess of the company's stock ownership
guidelines. Solely to cover the exercise price and related tax
liability, Mr. Shiver sold shares of Flowers Foods common stock
obtained through this option exercise in the open market. The
options were granted to Mr. Shiver in 2009 under the company's
Equity and Performance Incentive Plan and were set to expire in
February 2016.
About Flowers Foods
Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE:
FLO) is one of the largest producers of fresh packaged bakery foods
in the United States, with 2014
sales of $3.75 billion. Flowers
operates bakeries across the country that produce a wide range of
bakery products. Among the company's top brands are Nature's
Own, Wonder, and Tastykake. Learn more at
www.flowersfoods.com.
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SOURCE Flowers Foods, Inc.