Form 4 for UTZ Utz Brands, Inc.
Accepted 2022-06-22 00:00:00 ET · period of report 2022-06-21 · accession 0001739566-22-000162 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-22 | 2022-06-21 | UTZ | Redcay Shannan | EVP, Manufacturing | A - Grant | $0.00 | +3,113 | 7,753 | +67% | $0 |
| D | 2022-06-22 | 2022-06-21 | UTZ | Redcay Shannan | EVP, Manufacturing | A - Grant | $0.00 | +9,339 | 9,339 | New | $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 | Class A Common Stock | 2022-06-21 | A | A | 3,113 | $0.00 | 7,753 | D | — | — | (F1) The shares of Issuer's Class A Common Stock are subject to a restricted stock unit award under the Utz Brands, Inc. 2021 Omnibus Equity Incentive Plan (the "Plan"). 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 RSUs vest on December 31, 2024, for so long as the Participant remains in continuous service to the Company. |
| 2 | Derivative | Stock Option (Right to Buy) | 2022-06-21 | A | A | 9,339 | $0.00 | 9,339 | D | $13.14 · — to 2032-06-21 | 9,339 Class A Common Stock | (F3) The stock options are subject to the stock option agreement under the Plan. The stock options vest under the following schedule: 100% of the shares underlying the stock options shall vest and become exercisable on December 31, 2024 for so long as the Optionee remains in Continuous Service (as defined in the Plan) to the Company. |