Antonio F. Fernandez - May 5, 2021 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Role: Director
Signature: /s/ Jeremiah G. Garvey, as attorney-in-fact for Antonio F. Fernandez
Stock symbol: UTZ
Transactions as of: May 5, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/7/2021, 05:59 PM
Next filing: May 24, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UTZ	Class A Common Stock	Award	$0	+4.39K	+2.39%	$0.00	188K	May 5, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of Issuer's Class A Common Stock are subject to a restricted stock unit award under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan (the "Plan"). Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2	The restricted stock units vest under the following schedule: subject to the terms of the restricted stock unit award agreement, 100% of the shares subject to the restricted stock units vest on May 5, 2022, subject to the reporting person's continuous service to the Company through such dates and subject to certain conditions detailed in the Plan.