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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person *
JAB Indulgence B.V.
2. Issuer Name and Ticker or Trading Symbol
Krispy Kreme, Inc. [DNUT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

PIET HEINKADE 55
3. Date of Earliest Transaction (Month/Day/Year)
07/06/2021
(Street)

AMSTERDAM, P7 1019 GM
(City)
(State)
(Zip)
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing
(Check applicable line)

______ Form Filed by One Reporting Person
__X__ Form Filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)

2. Transaction Date (Month/Day/Year)

2A. Deemed Execution Date, if any (Month/Day/Year)

3. Transaction 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

Common Stock, par value $0.01 per share

07/06/2021 P 5,882,353 (1) A $16.02255,882,353D (2)  

Common Stock, par value $0.01 per share

       62,142,733I

JAB Indulgence B.V. (3)



Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. 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)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares



Reporting Owners
Reporting Owner Name / AddressRelationships
Director10% OwnerOfficerOther

JAB Indulgence B.V.
PIET HEINKADE 55
AMSTERDAM, P7 1019 GM

  X  

JAB Holdings B.V.
PIET HEINKADE 55
AMSTERDAM, P7 1019 GM

  X  

JAB Investments S.a r.l.
4, RUE JEAN MONNET
LUXEMBOURG, N4 L-2180

  X  

JAB Holding Co s.a r.l.
4, RUE JEAN MONNET
LUXEMBOURG, N4 L-2180

  X  

Joh. A. Benckiser B.V.
OOSTERDOKSSTRAAT 80
AMSTERDAM, P7 1011DK

  X  

Agnaten SE
4, RUE JEAN MONNET
LUXEMBOURG, N4 L-2180

  X  

Lucresca SE
4, RUE JEAN MONNET TOP 10
LUXEMBOURG, N4 L-2180

  X  

Explanation of Responses:

On July 6, 2021, JAB Holdings B.V. purchased 5,882,353 shares of Common Stock, par value $0.01 per share (the "Shares"), of Krispy Kreme, Inc. ("Krispy Kreme") from the underwriters in connection with Krispy Kreme's initial public offering. Such Shares are subject to a 180-day lock-up restriction.

These Shares are held and beneficially owned by JAB Holdings B.V., a direct or indirect subsidiary of each other Reporting Person herein (other than JAB Indulgence B.V.). As such, each other Reporting Person herein (other than JAB Indulgence B.V.) may be deemed a beneficial owner of Shares held by JAB Holdings B.V. Each such Reporting Person disclaims beneficial ownership of such Shares, except to the extent of its pecuniary interests therein.

These Shares are held and beneficially owned by JAB Indulgence B.V., a direct or indirect subsidiary of each other Reporting Person herein. As such, each other 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.



Signatures

/s/ Joachim Creus, Director of JAB Indulgence B.V.; /s/ Frank Engelen, Director of JAB Indulgence B.V.

07/08/2021

/s/ Joachim Creus, Director of JAB Holdings B.V.; /s/ Frank Engelen, Director of JAB Holdings B.V.

07/08/2021

/s/ Joachim Creus, Manager of JAB Investments s.a r.l.; /s/ Philippe Chenu, Manager of JAB Investments s.a r.l.

07/08/2021

/s/ Constantin Thun, Manager of JAB Holding Company s.a r.l.; /s/ Joachim Creus, Manager of JAB Holding Company s.a r.l.

07/08/2021

/s/ Joachim Creus, Director of Joh. A. Benckiser B.V.; /s/ Frank Engelen, Director of Joh. A. Benckiser B.V.

07/08/2021

/s/ Joachim Creus, Authorized Representative of Lucresca SE

07/08/2021

/s/ Joachim Creus, Authorized Representative of Agnaten SE

07/08/2021
** Signature of Reporting PersonDate
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