Form 4 for UTZ Utz Brands, Inc.
Accepted 2025-01-06 00:00:00 ET · period of report 2025-01-02 · accession 0001739566-25-000022 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2025-01-06 | 2024-12-31+ | UTZ | Schreiber Mark | EVP, Chief Customer Off | A - Grant | $0.2296 | +21.0K | 124.4K | +20% | +$4,821 |
| M | 2025-01-06 | 2025-01-02+ | UTZ | Schreiber Mark | EVP, Chief Customer Off | F - Tax | $15.66 | -8,131 | 103.7K | -7% | -$127.3K |
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 | 2024-12-31 | A | A | 324 | $14.88 | 108,768 | D | — | — | (F1) The shares of Issuer's Class A Common Stock were acquired on December 31, 2024 pursuant to the Utz Brands, Inc. 2021 Employee Stock Purchase Plan. The acquisition of these shares of Class A Common Stock was exempt under Rule 16b-3(c) and Rule 16b-3(d). |
| 2 | Common | Class A Common Stock | 2025-01-02 | F | D | 1,952 | $15.66 | 106,816 | D | — | — | (F2) Represents shares withheld for payment of tax liability arising as a result of the settlement of a restricted stock unit award originally reported by the reporting person in a Form 4 filed with the Commission on December 19, 2022. |
| 3 | Common | Class A Common Stock | 2025-01-02 | F | D | 1,431 | $15.66 | 105,385 | D | — | — | (F3) Represents shares withheld for payment of tax liability arising as a result of the settlement of a restricted stock unit award originally reported by the reporting person in a Form 4 filed with the Commission on February 2, 2023. |
| 4 | Common | Class A Common Stock | 2025-01-06 | F | D | 3,050 | $15.66 | 121,313 | D | — | — | (F8) Represents shares withheld for payment of tax liability arising as a result of the vesting of a performance share unit award reported by the reporting person in this Form 4. |
| 5 | Common | Class A Common Stock | 2025-01-03 | A | A | 13,380 | $0.00 | 117,067 | D | — | — | (F6) The restricted stock units vest under the following schedule: Subject to the terms of the restricted stock unit award agreement, 33.33% of the shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2025, 33.33% of the shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2026, and 33.34% shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2027, subject to the reporting person's Continuous Service (as defined in the Plan) to the Company through such dates and subject to certain conditions detailed in the Plan. (F5) The shares of Issuer's Class A Common Stock are subject to a restricted stock unit award under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan") made pursuant to Rule 16b-3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| 6 | Common | Class A Common Stock | 2025-01-06 | A | A | 7,296 | $0.00 | 124,363 | D | — | — | (F7) Represents shares issued upon vesting of performance share unit awards, as approved on January 2, 2025 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. |
| 7 | Common | Class A Common Stock | 2025-01-02 | F | D | 1,698 | $15.66 | 103,687 | D | — | — | (F4) Represents shares withheld for payment of tax liability arising as a result of the settlement of a restricted stock unit award originally reported by the reporting person in a Form 4 filed with the Commission on February 2, 2024. |