Chad Whyte - Jun 21, 2022 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Role: EVP, Supply Chain
Signature: /s/ Jeremiah G. Garvey, as attorney-in-fact for Chad Whyte
Stock symbol: UTZ
Transactions as of: Jun 21, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/22/2022, 04:13 PM
Next filing: Nov 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UTZ	Class A Common Stock	Award	$0	+2.53K	+43.65%	$0.00	8.32K	Jun 21, 2022	Direct	F1, F2

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	+7.58K		$0.00	7.58K	Jun 21, 2022	Class A Common Stock	7.58K	$13.14	Direct	F3

* 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. 2021 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: 100% of the RSUs vest on December 31, 2024, for so long as the participant remains in continuous service to the Company.
F3	The stock options are subject to the stock option agreement under the Plan. The stock options vest under the following schedule: 100% of the shares underlying the stock options shall vest and become exercisable on December 31, 2024 for so long as the Optionee remains in Continuous Service (as defined in the Plan) to the Company.