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4//SEC Filing

DEROMEDI ROGER K 4

Accession 0001739566-23-000090

CIK 0001739566other

Filed

May 7, 8:00 PM ET

Accepted

May 8, 6:18 PM ET

Size

11.5 KB

Accession

0001739566-23-000090

Insider Transaction Report

Form 4
Period: 2023-05-04
Transactions
  • Award

    Class A Common Stock

    2023-05-04+6,74617,689 total
Holdings
  • Class A Common Stock

    (indirect: See Footnote)
    3,372,094
  • Class A Common Stock

    (indirect: See Footnote)
    840,522
  • Class A Common Stock

    (indirect: See Footnote)
    360,000
Footnotes (5)
  • [F1]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"). Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
  • [F2]The restricted stock units vest under the following schedule: subject to the terms of the restricted stock unit award agreement, 100% of the shares subject to the restricted stock units vest on April 25, 2024, subject to the reporting person's continuous service to the Company through such dates and subject to certain conditions detailed in the Plan.
  • [F3]The securities are held by the Roger K. Deromedi Revocable Trust 2/11/2000 Amended and Restated 11/09/2011 (The "Revocable Trust"). The Reporting Person holds voting and dispositive power over the Revocable Trust.
  • [F4]The securities are held by the Roger K. Deromedi Irrevocable Generation Skipping Trust dated October 1, 2020, Sandra E. Deromedi, Trustee, FBO Sandra E. Deromedi (the "Irrevocable Trust"). To the extent permitted under applicable law, the Reporting Person disclaims beneficial ownership of the shares held by the Irrevocable Trust. The Reporting Person's spouse holds voting and dispositive power over the Irrevocable Trust.
  • [F5]The securities are held by the Roger K. Deromedi Irrevocable Grantor Retained Annuity Trust (the "Grantor Annuity Trust"). The reporting Person holds voting and dispositive power over the Grantor Annuity Trust.

Issuer

Utz Brands, Inc.

CIK 0001739566

Entity typeother

Related Parties

1
  • filerCIK 0001189715

Filing Metadata

Form type
4
Filed
May 7, 8:00 PM ET
Accepted
May 8, 6:18 PM ET
Size
11.5 KB