Mitchell Andrew Arends - 28 Nov 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
Issuer symbol: UTZ
Transactions as of: 28 Nov 2023
Net transactions value: $0
Form type: 4
Filing time: 30 Nov 2023, 16:26:22 UTC
Previous filing: 30 Nov 2023
Next filing: 02 Feb 2024
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	+33,670		$0.000000	33,670	28 Nov 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.