Roger K. Deromedi - Mar 12, 2024 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Role
Director
Signature
/s/ Theresa R. Shea, as attorney-in-fact for Roger K. Deromedi
Stock symbol
UTZ
Transactions as of
Mar 12, 2024
Transactions value $
$0
Form type
4
Date filed
3/14/2024, 04:08 PM
Previous filing
Feb 26, 2024
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 Gift $0 -17.8K -0.74% $0.00 2.38M Mar 12, 2024 See Footnote F1, F2, F3
holding UTZ Class A Common Stock 360K Mar 12, 2024 See Footnote F4
holding UTZ Class A Common Stock 17.7K Mar 12, 2024 Direct
holding UTZ Class A Common Stock 1M Mar 12, 2024 See Footnote F2, F5
holding UTZ Class A Common Stock 650K Mar 12, 2024 See Footnote F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents a charitable donation of 17,750 shares of Class A Common Stock held by the Roger K. Deromedi Revocable Trust, Dated 2/11/2000, Amended and Restated 11/2/2011 (the "Revocable Trust") to a charitable organization. This is not a market transaction, thus no price has been reported. No value was received for the gifted shares.
F2 Reflects a prior transfer of 1,000,000 shares of the Issuer's Class A Common Stock by the Revocable Trust to The Roger K. Deromedi Irrevocable Grantor Retained Annuity Trust (GRAT) u/a/d 2/22/2024 (the "GRAT u/a/d 2/22/2024") that was exempt under Rule 16a-13.
F3 The securities are held by the Revocable Trust. The Reporting Person holds voting and dispositive power over the Revocable Trust.
F4 The securities are held by the Roger K. Deromedi Irrevocable Generation Skipping Trust dated October 1, 2020, Sandra E. Deromedi, Trustee, FBO Sandra E. Deromedi (the "Irrevocable Trust"). To the extent permitted under applicable law, the Reporting Person disclaims beneficial ownership of the shares held by the Irrevocable Trust. The Reporting Person's spouse holds voting and dispositive power over the Irrevocable Trust.
F5 The securities are held by the GRAT u/a/d 2/22/2024. The Reporting Person holds voting and dispositive power over the GRAT u/a/d 2/22/2024.
F6 The securities are held by the Roger K. Deromedi Irrevocable Grantor Retained Annuity Trust (the "Grantor Annuity Trust"). The reporting Person holds voting and dispositive power over the Grantor Annuity Trust.