Transaction Details

Footnotes

Consists of restricted stock units ("RSUs") that upon vesting are settled on a one-for-one basis in shares of common stock. Subject to certain terms and conditions, the RSUs will vest on November 1, 2028. | Direct: 210,285, unvested RSUs: 893,893. | On November 2, 2023, the reporting person filed a Form 4 which reported that the reporting person held 281,857 shares indirectly by a GRAT. This description was carried forward in subsequent Form 4 filings made by the reporting person on April 12, 2024, May 2, 2024, October 3, 2024, April 7, 2025, April 11, 2025, and May 2, 2025. As reported in this amendment, those shares were held by a limited liability company (LLC), which was, in turn, owned by grantor retained annuity trusts and a remainder trust. | The reporting person contributed 281,857 directly owned shares of Krispy Kreme, Inc. common stock to a family LLC. The reporting person serves as manager of the LLC and owns substantially all of the outstanding interests in the LLC directly or through grantor retained annuity trusts with the remaining interests owned by a remainder trust for the benefit of his immediate family.