B. John Lindeman - 04 May 2023 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Role
Director
Signature
/s/ Jeremiah G. Garvey, as attorney-in-fact for Bruce John Lindeman
Issuer symbol
UTZ
Transactions as of
04 May 2023
Net transactions value
$0
Form type
4
Filing time
08 May 2023, 18:29:05 UTC
Previous filing
19 Apr 2023
Next filing
18 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTZ Class A Common Stock Award $0 +6,746 +28% $0.000000 30,790 04 May 2023 Direct F1, F2
* 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. 2020 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: subject to the terms of the restricted stock unit award agreement, 100% of the shares subject to the restricted stock units vest on April 25, 2024, subject to the reporting person's continuous service to the Company through such dates and subject to certain conditions detailed in the Plan.

Remarks:

See power of attorney attached hereto as Exhibit 24.1.