CC Collier Holdings, LLC 4
4 · Utz Brands, Inc. · Filed Nov 16, 2021
Insider Transaction Report
Form 4
Transactions
- Exercise of In-Money
Warrants to purchase Class A Common Stock
2021-01-08−232,000→ 0 totalExercise: $11.50→ Class A Common Stock (232,000 underlying) - Sale
Common Stock
2021-11-11$18.00/sh−1,020$18,360→ 5,242,130 total - Exercise of In-Money
Common Stock
2021-01-08$11.50/sh+232,000$2,668,000→ 5,243,150 total
Footnotes (5)
- [F1]On January 14, 2021 the reporting person exercised warrants to purchase a total of 232,000 shares of the Issuer's common stock for $11.50 per share.
- [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 reported on this report are held directly by the reporting person. Chinh E. Chu holds voting and dispositive power over the securities held by the reporting person; Mr. Chu has separately reported his beneficial ownership over the securities included herein.
- [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.