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

Role
EVP & Chief People Officer
Signature
/s/ Jeremiah G. Garvey, as attorney-in-fact for James Sponaugle
Stock symbol
UTZ
Transactions as of
Jan 28, 2022
Transactions value $
$0
Form type
4
Date filed
2/1/2022, 06:48 PM
Previous filing
Jan 5, 2022
Next filing
Dec 19, 2022

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 +23.6K $0.00 23.6K Jan 28, 2022 Class A Common Stock 23.6K $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.