Mitchell Andrew Arends - Nov 28, 2023 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Role
EVP Chief Integr Supply Chain
Signature
/s/ Jeremiah G. Garvey as attorney-in-fact for Mitchell Andrew Arends
Stock symbol
UTZ
Transactions as of
Nov 28, 2023
Transactions value $
$0
Form type
4
Date filed
11/30/2023, 04:26 PM
Previous filing
Nov 30, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTZ Class A Common Stock Award $0 +33.7K $0.00 33.7K Nov 28, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each of 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"), made pursuant to Rule 16b-3. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 The RSUs vest under the following schedule: 100% of the shares of Issuer's Class A Common Stock vest on December 31, 2025, subject to the reporting person's Continuous Service (as defined in the Plan) to the Company through such date and subject to certain conditions detailed in the Plan.