Theresa Robbins Shea - Jul 6, 2021 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Signature
/s/ Jeremiah G. Garvey as attorney-in-fact for Theresa Robbins Shea
Stock symbol
UTZ
Transactions as of
Jul 6, 2021
Transactions value $
$0
Form type
4
Date filed
7/8/2021, 08:08 PM
Next filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTZ Class A Common Stock Award $0 +4.64K $0.00 4.64K Jul 6, 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: 50% of the shares of Class A Common Stock subject to the restricted stock units vest on December 31, 2022 and 50% of the shares of Class A Common Stock subject to the restricted stock units vest on December 31, 2023 for so long as the participant remains in Continuous Service (as defined in the Plan) to the Company and subject to certain conditions detailed in the Plan.