Shane Chambers - 28 Jan 2022 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Role
EVP & Chief Growth Officer
Signature
/s/ Jeremiah G. Garvey as attorney-in-fact for Shane Chambers
Issuer symbol
UTZ
Transactions as of
28 Jan 2022
Net transactions value
$0
Form type
4
Filing time
01 Feb 2022, 18:45:55 UTC
Previous filing
05 Jan 2022
Next filing
08 Mar 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UTZ Stock Option (Right to Buy) Award $0 +29,880 $0.000000 29,880 28 Jan 2022 Class A Common Stock 29,880 $15.51 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock options granted pursuant to the Issuer's 2020 Omnibus Equity Incentive Plan (the "Plan").
F2 The shares subject to the stock option vest and become exercisable on December 31, 2024, subject to the reporting person's continuous employment through such dates and subject to certain conditions as detailed in the Plan.
F3 The shares subject to stock option expire January 28, 2032.