4//SEC Filing
Chu Chinh 4
Accession 0001104659-25-076254
CIK 0001739566other
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 5:30 PM ET
Size
11.9 KB
Accession
0001104659-25-076254
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Class A Common Stock
2025-08-07+2,880,000→ 2,880,000 total - Tax Payment
Class A Common Stock
2025-08-07−2,355,284→ 524,716 total - Exercise/Conversion
Warrants to purchase Class A Common Stock
2025-08-07−2,880,000→ 0 totalExercise: $11.50From: 2020-09-27Exp: 2025-08-28→ Class A Common Stock (2,880,000 underlying)
Chu Chinh
Other
Transactions
- Exercise/Conversion
Warrants to purchase Class A Common Stock
2025-08-07−2,880,000→ 0 totalExercise: $11.50From: 2020-09-27Exp: 2025-08-28→ Class A Common Stock (2,880,000 underlying) - Exercise/Conversion
Class A Common Stock
2025-08-07+2,880,000→ 2,880,000 total - Tax Payment
Class A Common Stock
2025-08-07−2,355,284→ 524,716 total
Footnotes (3)
- [F1]The securities reported on this report are held directly by CC Collier Holdings, LLC ("CC Collier"). Chinh E. Chu holds voting and dispositive power over the securities held by CC Collier.
- [F2]Reflects the exercise of 2,880,000 warrants to purchase shares of Class A Common Stock of Utz Brands, Inc. (the "Issuer") on a cashless basis pursuant to the Warrant Agreement, dated as of October 4, 2018 (the "Warrant Agreement"), by and between Collier Creek Holdings and Continental Stock Transfer & Trust Company as assumed by the Issuer pursuant to that certain Assignment and Assumption Agreement, dated as of February 22, 2022, by and among the Issuer, Continental Stock Transfer & Trust Company, Equiniti Trust Company and the warrant holders named therein. The number of shares of Class A Common Stock issuable upon exercise of the warrants was determined in accordance with section 3.3.1(c) of the Warrant Agreement.
- [F3]Reflects the shares of Class A Common Stock "withheld" in connection with the cashless exercise. Pursuant to Section 3.3.1(c) of the Warrant Agreement, the price was calculated as the average last sale price of the shares for the ten trading days ending on the third trading day prior to the date on which notice of exercise of the warrants was sent to the warrant agent.
Documents
Issuer
Utz Brands, Inc.
CIK 0001739566
Entity typeother
Related Parties
1- filerCIK 0001306507
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 5:30 PM ET
- Size
- 11.9 KB