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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Feb 2022, 18:46:34 UTC
Prior SEC filing
05 Jan 2022
Next SEC filing
08 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jeremiah G. Garvey as attorney-in-fact for Cary Devore

Key filing fact

Cary Devore filed Form 4 for Utz Brands, Inc. (UTZ) on 01 Feb 2022.

Key facts

  • This page summarizes Cary Devore's Form 4 filing for Utz Brands, Inc. (UTZ).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 01 Feb 2022, 18:46.

Change

  • Previous filing in this sequence was filed on 05 Jan 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UTZ transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+166,770
Change %
+166%
Price
$0.000000
Shares after
267,348
Date
31 Jan 2022
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

UTZ transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+61,959
Change %
Price
$0.000000
Shares after
61,959
Date
28 Jan 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
61,959
Exercise price
$15.51
Footnotes
F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The restricted stock units vest under the following schedule: subject to the terms of the restricted stock unit award agreement, 50% of the shares subject to the restricted stock units vest on December 31, 2022, and the remaining 50% of the shares subject to the restricted stock units vest on December 31, 2023, subject to the reporting person's continuous service to the Company through such dates and subject to certain conditions detailed in the Plan.

Footnote F2

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"), made pursuant to Rule 16b-3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.

Footnote F3

Represents stock options granted pursuant to the Plan.

Footnote F4

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.

Footnote F5

The shares subject to stock option expire January 28, 2032.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .