<SEC-DOCUMENT>0001104659-24-088615.txt : 20240813
<SEC-HEADER>0001104659-24-088615.hdr.sgml : 20240813
<ACCEPTANCE-DATETIME>20240813070214
ACCESSION NUMBER:		0001104659-24-088615
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240810
FILED AS OF DATE:		20240813
DATE AS OF CHANGE:		20240813

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Lucresca SE
		CENTRAL INDEX KEY:			0001394212
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			C4
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40573
		FILM NUMBER:		241198723

	BUSINESS ADDRESS:	
		STREET 1:		ROOSEVELTPLATZ 4-5
		STREET 2:		TOP 10
		CITY:			VIENNA
		STATE:			C4
		ZIP:			A-1090
		BUSINESS PHONE:		43 1 98650 105

	MAIL ADDRESS:	
		STREET 1:		ROOSEVELTPLATZ 4-5
		STREET 2:		TOP 10
		CITY:			VIENNA
		STATE:			C4
		ZIP:			A-1090

	FORMER NAME:	
		FORMER CONFORMED NAME:	Donata Holding SE
		DATE OF NAME CHANGE:	20070323

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Agnaten SE
		CENTRAL INDEX KEY:			0001579044
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			C4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40573
		FILM NUMBER:		241198724

	BUSINESS ADDRESS:	
		STREET 1:		ROOSEVELTPLATZ 4-5
		STREET 2:		TOP 10
		CITY:			VIENNA
		STATE:			C4
		ZIP:			A-1090
		BUSINESS PHONE:		43-1-98650-100

	MAIL ADDRESS:	
		STREET 1:		ROOSEVELTPLATZ 4-5
		STREET 2:		TOP 10
		CITY:			VIENNA
		STATE:			C4
		ZIP:			A-1090

	FORMER NAME:	
		FORMER CONFORMED NAME:	Parentes Holding SE
		DATE OF NAME CHANGE:	20130611

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JAB Holdings B.V.
		CENTRAL INDEX KEY:			0001579134
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			P7
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40573
		FILM NUMBER:		241198728

	BUSINESS ADDRESS:	
		STREET 1:		PIET HEINKADE 55
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			NL 1019 GM
		BUSINESS PHONE:		31 202 355 000

	MAIL ADDRESS:	
		STREET 1:		PIET HEINKADE 55
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			NL 1019 GM

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JAB Holding Co s.a r.l.
		CENTRAL INDEX KEY:			0001621428
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40573
		FILM NUMBER:		241198726

	BUSINESS ADDRESS:	
		STREET 1:		5 RUE GOETHE
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-1637
		BUSINESS PHONE:		352  27 177 539

	MAIL ADDRESS:	
		STREET 1:		5 RUE GOETHE
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-1637

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Joh. A. Benckiser s.a.r.l.
		CENTRAL INDEX KEY:			0001746867
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40573
		FILM NUMBER:		241198725

	BUSINESS ADDRESS:	
		STREET 1:		OOSTERDOCKSSTRAAT 80
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			1011DK
		BUSINESS PHONE:		31 235 62 65 20

	MAIL ADDRESS:	
		STREET 1:		OOSTERDOCKSSTRAAT 80
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			1011DK

	FORMER NAME:	
		FORMER CONFORMED NAME:	Joh. A. Benckiser B.V.
		DATE OF NAME CHANGE:	20200310

	FORMER NAME:	
		FORMER CONFORMED NAME:	Donata Holdings B.V.
		DATE OF NAME CHANGE:	20180717

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JAB Investments S.a r.l.
		CENTRAL INDEX KEY:			0001747036
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40573
		FILM NUMBER:		241198727

	BUSINESS ADDRESS:	
		STREET 1:		OOSTERDOCKSSTRAAT 80
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			1011DK
		BUSINESS PHONE:		31 235 62 65 20

	MAIL ADDRESS:	
		STREET 1:		OOSTERDOCKSSTRAAT 80
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			1011DK

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Krispy Kreme, Inc.
		CENTRAL INDEX KEY:			0001857154
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-FOOD STORES [5400]
		ORGANIZATION NAME:           	07 Trade & Services
		IRS NUMBER:				000000000

	BUSINESS ADDRESS:	
		STREET 1:		2116 HAWKINS STREET
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28203
		BUSINESS PHONE:		(800) 457-4779

	MAIL ADDRESS:	
		STREET 1:		2116 HAWKINS STREET
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28203

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Krispy Kreme Holdco, Inc.
		DATE OF NAME CHANGE:	20210426

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Krispy Kreme Holdco Inc.
		DATE OF NAME CHANGE:	20210414
</SEC-HEADER>
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    <issuer>
        <issuerCik>0001857154</issuerCik>
        <issuerName>Krispy Kreme, Inc.</issuerName>
        <issuerTradingSymbol>DNUT</issuerTradingSymbol>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001579134</rptOwnerCik>
            <rptOwnerName>JAB Holdings B.V.</rptOwnerName>
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            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>AMSTERDAM</rptOwnerCity>
            <rptOwnerState>P7</rptOwnerState>
            <rptOwnerZipCode>1019 GM</rptOwnerZipCode>
            <rptOwnerStateDescription>NETHERLANDS</rptOwnerStateDescription>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001747036</rptOwnerCik>
            <rptOwnerName>JAB Investments S.a r.l.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>4, RUE JEAN MONNET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LUXEMBOURG</rptOwnerCity>
            <rptOwnerState>N4</rptOwnerState>
            <rptOwnerZipCode>L-2180</rptOwnerZipCode>
            <rptOwnerStateDescription>LUXEMBOURG</rptOwnerStateDescription>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001621428</rptOwnerCik>
            <rptOwnerName>JAB Holding Co s.a r.l.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>4, RUE JEAN MONNET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LUXEMBOURG</rptOwnerCity>
            <rptOwnerState>N4</rptOwnerState>
            <rptOwnerZipCode>L-2180</rptOwnerZipCode>
            <rptOwnerStateDescription>LUXEMBOURG</rptOwnerStateDescription>
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            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001746867</rptOwnerCik>
            <rptOwnerName>Joh. A. Benckiser s.a.r.l.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>PIET HEINKADE 55</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>AMSTERDAM</rptOwnerCity>
            <rptOwnerState>P7</rptOwnerState>
            <rptOwnerZipCode>1019 GM</rptOwnerZipCode>
            <rptOwnerStateDescription>NETHERLANDS</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
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            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001579044</rptOwnerCik>
            <rptOwnerName>Agnaten SE</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>4, RUE JEAN MONNET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LUXEMBOURG</rptOwnerCity>
            <rptOwnerState>N4</rptOwnerState>
            <rptOwnerZipCode>L-2180</rptOwnerZipCode>
            <rptOwnerStateDescription>LUXEMBOURG</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
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            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001394212</rptOwnerCik>
            <rptOwnerName>Lucresca SE</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>4, RUE JEAN MONNET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LUXEMBOURG</rptOwnerCity>
            <rptOwnerState>N4</rptOwnerState>
            <rptOwnerZipCode>L-2180</rptOwnerZipCode>
            <rptOwnerStateDescription>LUXEMBOURG</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
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            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, par value $0.01 per share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>74885435</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes.</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Cash-Settled Total Return Swap</value>
                <footnoteId id="F2"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2024-08-10</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>1</equitySwapInvolved>
                <footnoteId id="F2"/>
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            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>7069936</value>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>12.7352</value>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>7069936</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>30465056</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F6"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Cash-Settled Total Return Swap</value>
                <footnoteId id="F4"/>
                <footnoteId id="F5"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F4"/>
                <footnoteId id="F5"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2024-08-12</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>1</equitySwapInvolved>
                <footnoteId id="F4"/>
                <footnoteId id="F5"/>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>6500000</value>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
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                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
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                <footnoteId id="F4"/>
                <footnoteId id="F5"/>
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                <footnoteId id="F4"/>
                <footnoteId id="F5"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>6500000</value>
                </underlyingSecurityShares>
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                <sharesOwnedFollowingTransaction>
                    <value>30465056</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F6"/>
                </directOrIndirectOwnership>
            </ownershipNature>
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        <derivativeTransaction>
            <securityTitle>
                <value>Cash-Settled Total Return Swap</value>
                <footnoteId id="F4"/>
                <footnoteId id="F5"/>
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                <value>2024-08-12</value>
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            <deemedExecutionDate></deemedExecutionDate>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>1</equitySwapInvolved>
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                <footnoteId id="F5"/>
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            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>2000000</value>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
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                <transactionPricePerShare>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
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                    <value>A</value>
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                <footnoteId id="F4"/>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                <underlyingSecurityShares>
                    <value>2000000</value>
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                <sharesOwnedFollowingTransaction>
                    <value>30465056</value>
                </sharesOwnedFollowingTransaction>
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                    <value>D</value>
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    <footnotes>
        <footnote id="F1">These shares (the &quot;Shares&quot;) of common stock, par value $0.01 per share (the &quot;Common Stock&quot;), of Krispy Kreme, Inc. (the &quot;Company&quot;) are held and beneficially owned by JAB Indulgence B.V., a direct or indirect subsidiary of each Reporting Person herein. As such, each Reporting Person herein may be deemed a beneficial owner of Shares held by JAB Indulgence B.V. Each such Reporting Person disclaims beneficial ownership of such Shares, except to the extent of its pecuniary interests therein.</footnote>
        <footnote id="F2">JAB Holdings B.V. entered into a long cash-settled total return equity swap (the &quot;HSBC Long Swap&quot;) with HSBC Continental Europe (&quot;HSBC&quot;), providing for the establishment of long exposure with respect to a notional amount of Shares up to the number of Shares purchased by HSBC with an aggregate initial price not to exceed $100,000,000 (and not to exceed 8,000,000 Shares) (the &quot;HSBC Subject Shares&quot;) in the aggregate that provides JAB Holdings B.V. with economic results that are comparable to the economic results of ownership of the HSBC Subject Shares. All balances will be exclusively cash settled. The HSBC Long Swap has a term of approximately three years, although JAB Holdings B.V. has the right to terminate and close out the HSBC Long Swap during certain specified earlier periods if it so chooses. As of the outside hedge date of August 10, 2024, long exposure had been established with respect to a notional amount of 7,069,936 Shares.</footnote>
        <footnote id="F3">The price reported in Column 8 reflects the reference price of the HSBC Subject Shares upon the establishment of the HSBC Long Swap position.</footnote>
        <footnote id="F4">As previously disclosed, JAB Holdings B.V. entered into long cash-settled total return equity swaps on December 1, 2021 (the &quot;BNP Paribas First Long Swap&quot;) and February 24, 2022 (the &quot;BNP Paribas Second Long Swap&quot; and together, the &quot;BNP Paribas Long Swaps&quot;) with BNP Paribas providing for the establishment of long exposure with respect to a notional amount of up to 8,500,000 Shares in the aggregate (the &quot;BNP Paribas Subject Shares&quot;) that provide JAB Holdings B.V. with economic results that are comparable to the economic results of ownership of the BNP Paribas Subject Shares. All balances will be exclusively cash settled.</footnote>
        <footnote id="F5">On August 12, 2024, JAB Holdings B.V. and BNP Paribas agreed to extend the term of each of the BNP Paribas Long Swaps to December 1, 2027 for no additional consideration, although JAB Holdings B.V. has the right to terminate and close out the BNP Paribas Long Swaps during certain specified earlier periods if it so chooses. The extension resulted in a deemed cancellation of the existing BNP Paribas Long Swaps and a deemed entry into new BNP Paribas Long Swaps with a later settlement date. The deemed cancellation is exempt from Sections 16(a) and 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rules 16a-4(d) and 16b-6(d) promulgated thereunder, respectively. All other material terms of the BNP Paribas Long Swaps remain materially unchanged and in full force and effect.</footnote>
        <footnote id="F6">The HSBC Long Swap and the BNP Paribas Long Swaps (together, the &quot;Long Swaps&quot;) (but not the HSBC Subject Shares or BNP Paribas Subject Shares (together, the &quot;Subject Shares&quot;) referenced thereby) are owned by JAB Holdings B.V., a direct or indirect subsidiary of each other Reporting Person herein. The Long Swaps do not give JAB Holdings B.V. direct or indirect voting, investment or dispositive control over any securities of the Company or require HSBC or BNP Paribas, as applicable, to acquire, hold, vote or dispose of any securities of the Company. Each Reporting Person disclaims beneficial ownership of the securities reported herein, including the Subject Shares, except to the extent of its pecuniary interest therein, and this Form 4 shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Sebastiaan Wolvers, Managing Director of JAB Holdings B.V.; /s/ Frank Engelen, Managing Director of JAB Holdings B.V.</signatureName>
        <signatureDate>2024-08-13</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Sebastiaan Wolvers, Manager of JAB Investments s.a r.l.; /s/ Jonathan Norman, Manager of JAB Investments s.a r.l.</signatureName>
        <signatureDate>2024-08-13</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Frank Engelen, Manager of JAB Holding Company s.a r.l.; /s/ Jonathan Norman, Manager of JAB Holding Company s.a r.l.</signatureName>
        <signatureDate>2024-08-13</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Joachim Creus, Director of Joh. A. Benckiser B.V.; /s/ Jonathan Norman, Director of Joh. A. Benckiser B.V.</signatureName>
        <signatureDate>2024-08-13</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Joachim Creus, Authorized Representative of Lucresca SE</signatureName>
        <signatureDate>2024-08-13</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Joachim Creus, Authorized Representative of Agnaten SE</signatureName>
        <signatureDate>2024-08-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
