Form 4 for UTZ Utz Brands, Inc.
Accepted 2021-11-16 00:00:00 ET · period of report 2021-01-08 · accession 0001104659-21-139614 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-11-16 | 2021-01-08 | UTZ | Chu Chinh | 10% | X - OptEx | $11.50 | +232.0K | 5.24M | +5% | +$2.67M |
| DI | 2021-11-16 | 2021-11-11 | UTZ | Chu Chinh | 10% | S - Sale+OE | $18.00 | -1,020 | 5.24M | -0.0% | -$18.4K |
| DI | 2021-11-16 | 2021-01-08 | UTZ | Chu Chinh | 10% | X - OptEx | $0.00 | -232.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-01-08 | X | A | 232,000 | $11.50 | 5,243,150 | I See Footnote | — | — | (F4) The securities are directly held by CC Collier Holdings, LLC ("CC Collier"). The Reporting Person holds voting and dispositive power over CC Collier and therefore may be attributed ownership of such securities but disclaims beneficial ownership except to the extent of his pecuniary interest therein. |
| 2 | Common | Common Stock | 2021-11-11 | S | D | 1,020 | $18.00 | 5,242,130 | I See Footnote | — | — | (F2) The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 9, 2021. (F3) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18 to $18.01. The reporting person undertakes to provide to the Issuer, any security holders of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote. (F4) The securities are directly held by CC Collier Holdings, LLC ("CC Collier"). The Reporting Person holds voting and dispositive power over CC Collier and therefore may be attributed ownership of such securities but disclaims beneficial ownership except to the extent of his pecuniary interest therein. |
| 3 | Derivative | Warrants to purchase Class A Common Stock | 2021-01-08 | X | D | 232,000 | $0.00 | 0 | I See footnote | $11.50 · — to — | 232,000 Class A Common Stock | (F4) The securities are directly held by CC Collier Holdings, LLC ("CC Collier"). The Reporting Person holds voting and dispositive power over CC Collier and therefore may be attributed ownership of such securities but disclaims beneficial ownership except to the extent of his pecuniary interest therein. (F5) The warrants are exercisable at any time and were scheduled to expire on August 28, 2025 or earlier upon redemption or the liquidation of the Issuer. |