4//SEC Filing
Schreiber Mark 4
Accession 0001739566-23-000019
CIK 0001739566other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 5:51 PM ET
Size
9.9 KB
Accession
0001739566-23-000019
Insider Transaction Report
Form 4
Schreiber Mark
EVP & Chief Customer Officer
Transactions
- Award
Class A Common Stock
2023-01-31+10,266→ 112,359 total - Award
Class A Common Stock
2022-12-30$13.46/sh+335$4,509→ 102,093 total - Award
Class A Common Stock
2023-01-31+2,986→ 115,345 total
Holdings
- 700(indirect: By Trust)
Class A Common Stock
Footnotes (4)
- [F1]The shares of Issuer's Class A Common Stock were acquired on December 30, 2022 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).
- [F2]Each of 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 (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.
- [F3]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, 2023, 33.33% of the shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2024, and 33.34% shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2025, 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 Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan.
- [F4]Represents shares issued upon vesting of performance share unit awards, as approved on January 31, 2023 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.
Documents
Issuer
Utz Brands, Inc.
CIK 0001739566
Entity typeother
Related Parties
1- filerCIK 0001821897
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 5:51 PM ET
- Size
- 9.9 KB