4//SEC Filing
Kataria Ajay 4
Accession 0001739566-24-000025
CIK 0001739566other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 9:05 PM ET
Size
259.4 KB
Accession
0001739566-24-000025
Insider Transaction Report
Form 4
Kataria Ajay
EVP & CFO
Transactions
- Tax Payment
Class A Common Stock
2023-12-31$16.24/sh−1,484$24,100→ 111,337 total - Award
Class A Common Stock
2024-01-31+19,578→ 130,915 total - Award
Class A Common Stock
2023-12-29$15.43/sh+24$370→ 115,503 total - Tax Payment
Class A Common Stock
2023-01-31$15.86/sh−608$9,643→ 113,960 total - Tax Payment
Class A Common Stock
2023-12-31$16.24/sh−2,682$43,556→ 112,821 total - Award
Class A Common Stock
2024-01-31+2,580→ 133,495 total - Award
Class A Common Stock
2023-06-30$15.38/sh+1,519$23,362→ 115,479 total - Tax Payment
Class A Common Stock
2024-01-31$16.24/sh−896$14,551→ 132,599 total
Footnotes (9)
- [F1]Represents shares withheld for payment of tax liability arising as a result of the vesting of a performance stock unit award reported by the reporting person in a Form 4 filed with the Commission on February 2, 2023.
- [F2]The shares of Issuer's Class A Common Stock were acquired on June 30, 2023 pursuant to the Utz Brands, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"). The acquisition of these shares of Class A Common Stock was exempt under Rule 16b-3(c) and Rule 16b-3(d).
- [F3]The shares of Issuer's Class A Common Stock were acquired on December 29, 2023 pursuant to the ESPP. The acquisition of these shares of Class A Common Stock was exempt under Rule 16b-3(c) and Rule 16b-3(d).
- [F4]Represents shares withheld for payment of tax liability arising as a result of the settlement of a restricted stock unit award originally reported by the reporting person in a Form 4 filed with the Commission on December 19, 2022.
- [F5]Represents shares withheld for payment of tax liability arising as a result of the settlement of a restricted stock unit award originally reported by the reporting person in a Form 4 filed with the Commission on February 2, 2023.
- [F6]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, 2024, 33.33% of the shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2025, and 33.34% shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2026, subject to the reporting person's Continuous Service (as defined in the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan (the "EIP")) to the Company through such dates and subject to certain conditions detailed in the EIP.
- [F7]Each of the shares of Issuer's Class A Common Stock are subject to a restricted stock unit award under the EIP, 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.
- [F8]Represents shares issued upon vesting of performance share unit awards, as approved on January 31, 2024 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.
- [F9]Represents shares withheld for payment of tax liability arising as a result of the vesting of a performance stock unit award reported by the reporting person in this Form 4.
Issuer
Utz Brands, Inc.
CIK 0001739566
Entity typeother
Related Parties
1- filerCIK 0001821334
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 9:05 PM ET
- Size
- 259.4 KB