Roger K. Deromedi - Aug 11, 2022 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Role
Director
Signature
/s/ Jeremiah G. Garvey, as Attorney-in-Fact for Roger K. Deromedi
Stock symbol
UTZ
Transactions as of
Aug 11, 2022
Transactions value $
-$307,972
Form type
4
Date filed
8/15/2022, 06:33 PM
Previous filing
May 9, 2022
Next filing
Dec 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTZ Class A Common Stock Sale -$308K -15.7K -0.48% $19.64 3.28M Aug 11, 2022 See Footnote F1, F2, F3
holding UTZ Class A Common Stock 10.9K Aug 11, 2022 Direct
holding UTZ Class A Common Stock 360K Aug 11, 2022 See Footnote F4
holding UTZ Class A Common Stock 950K Aug 11, 2022 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 10, 2022.
F2 The price reported in this box in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $19.46 to $19.95. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F3 The securities are held by the Roger K. Deromedi Revocable Trust 2/11/2000 Amended and Restated 11/09/2011 (The "Revocable Trust"). The Reporting Person holds voting and dispositive power over the Revocable Trust.
F4 The securities are held by the Roger K. Deromedi Irrevocable Generation Skipping Trust dated October 1, 2020, Sandra E. Deromedi, Trustee, FBO Sandra E. Deromedi (the "Irrevocable Trust"). To the extent permitted under applicable law, the Reporting Person disclaims beneficial ownership of the shares held by the Irrevocable Trust. The Reporting Person's spouse holds voting and dispositive power over the Irrevocable Trust.
F5 The securities are held by the Roger K. Deromedi Irrevocable Grantor Retained Annuity Trust (the "Grantor Annuity Trust"). The reporting Person holds voting and dispositive power over the Grantor Annuity Trust.