4//SEC Filing
Series U of UM Partners, LLC 4
Accession 0001104659-24-116902
CIK 0001739566other
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 5:00 PM ET
Size
10.3 KB
Accession
0001104659-24-116902
Insider Transaction Report
Form 4
Series U of UM Partners, LLC
10% Owner
Transactions
- Other
Class V Common Stock
2024-11-07−850,000→ 48,746,650 total - Conversion
Company Common Units
2024-11-07−850,000→ 48,746,650 total→ Class A Common Stock (850,000 underlying) - Conversion
Class A Common Stock
2024-11-07+850,000→ 1,700,000 total
Footnotes (4)
- [F1]These securities are solely owned by Series U of UM Partners, LLC, who is a member of a "group" with Series R of UM Partners, LLC for purposes of Section 13(d) of the Exchange Act.
- [F2]Reflects an exchange of Common Company Units together with the surrender and cancellation of the same number of Class V Common Stock for an equal number of shares of Class A Common Stock, pursuant to the Third Amended and Restated Limited Liability Company Agreement of Utz Brands Holdings, LLC (the "LLC Agreement"). Transactions are exempt from Section 16(b) in reliance on Rule 16b-6(b).
- [F3]These shares of Class V Common Stock of the Issuer provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Common Stock is entitled to vote as a common stockholder of the Issuer, with the number of votes equal to the number of shares of Class V Common Stock held at the time of such vote.
- [F4]These Common Company Units represent non-voting limited liability company interests of Utz Brands Holdings, LLC pursuant to the terms of the LLC Agreement. These units may be exchanged at the discretion of the holder for shares of Class A Common Stock on a one-for-one basis pursuant to, and subject to certain limitations set forth in, the LLC Agreement.
Documents
Issuer
Utz Brands, Inc.
CIK 0001739566
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001821469
Filing Metadata
- Form type
- 4
- Filed
- Nov 11, 7:00 PM ET
- Accepted
- Nov 12, 5:00 PM ET
- Size
- 10.3 KB