Dylan Lissette - 31 Jan 2023 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Role
Director
Signature
/s/ Theresa R. Shea, as attorney-in-fact for Dylan Lissette
Issuer symbol
UTZ
Transactions as of
31 Jan 2023
Net transactions value
-$174,265
Form type
4
Filing time
02 Feb 2024, 21:01:07 UTC
Previous filing
19 Dec 2022
Next filing
08 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 Tax liability $70,101 -4,420 -4% $15.86 106,579 31 Jan 2023 Direct F1
transaction UTZ Class A Common Stock Award $0 +20,640 +19% $0.000000 127,219 31 Jan 2024 Direct F2
transaction UTZ Class A Common Stock Tax liability $104,163 -6,414 -5% $16.24 120,805 31 Jan 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld for payment of tax liability arising as a result of the vesting of a performance stock unit award reported by the reporting person in a Form 4 filed with the Commission on February 2, 2023.
F2 Represents shares issued upon vesting of performance share unit awards, as approved on January 31, 2024 by the Compensation Committee of the Board of Directors of the Issuer. The acquisition of these shares of Class A Common Stock was exempt under Rule 16b-3.
F3 Represents shares withheld for payment of tax liability arising as a result of the vesting of a performance stock unit award reported by the reporting person in a Form 4 filed with the Commission on February 2, 2024.

Remarks:

See Power of Attorney attached hereto as Exhibit 24.1.