Michael W. Rice - 24 Apr 2024 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Role: Director
Signature: /s/ Theresa R. Shea, as attorney-in-fact for Michael W. Rice
Issuer symbol: UTZ
Transactions as of: 24 Apr 2024
Net transactions value: $0
Form type: 4
Filing time: 26 Apr 2024, 16:45:27 UTC
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	+2,195		$0.000000	2,195	24 Apr 2024	Direct	F1
transaction	UTZ	Class A Common Stock	Award	$0	+7,420	+338%	$0.000000	9,615	24 Apr 2024	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the issuance of shares under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan") for the reporting person's prorated 2023 non-employee director equity retainer following his retirement as Special Advisor.
F2	The shares of Issuer's Class A Common Stock are subject to a restricted stock unit award under the Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3	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 24, 2025, 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.