Pamela J. Stewart - May 4, 2023 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Role
Director
Signature
/s/ Jeremiah G. Garvey as Attorney-in-Fact for Pamela Stewart
Stock symbol
UTZ
Transactions as of
May 4, 2023
Transactions value $
$0
Form type
4
Date filed
5/8/2023, 06:30 PM
Previous filing
Nov 17, 2022
Next filing
Apr 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTZ Class A Common Stock Award $0 +6.75K +53.37% $0.00 19.4K May 4, 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.