Timothy Brown - 16 Aug 2021 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Role: Director
Signature: /s/ Jeremiah G. Garvey, as attorney-in-fact for Timothy Brown
Issuer symbol: UTZ
Transactions as of: 16 Aug 2021
Net transactions value: +$93,000
Form type: 4
Filing time: 18 Aug 2021, 19:14:35 UTC
Previous filing: 07 May 2021
Next filing: 03 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UTZ	Class A Common Stock	Purchase	$93,000	+5,000	+25%	$18.60	25,095	16 Aug 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Includes 4,392 shares of the Issuer's Class A Common Stock that 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. 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 Issuer through such dates and subject to certain conditions detailed in the Plan.

Content

Includes 4,392 shares of the Issuer's Class A Common Stock that 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. 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 Issuer through such dates and subject to certain conditions detailed in the Plan.