4//SEC Filing
Whyte Chad 4
Accession 0001739566-24-000027
CIK 0001739566other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 9:06 PM ET
Size
255.4 KB
Accession
0001739566-24-000027
Insider Transaction Report
Form 4
Whyte Chad
EVP, Supply Chain
Transactions
- Tax Payment
Class A Common Stock
2023-12-31$16.24/sh−2,305$37,433→ 42,368 total - Tax Payment
Class A Common Stock
2022-12-31$15.86/sh−2,305$36,557→ 45,832 total - Tax Payment
Class A Common Stock
2023-12-31$16.24/sh−1,936$31,441→ 40,432 total - Tax Payment
Class A Common Stock
2023-12-31$16.24/sh−1,159$18,822→ 44,673 total - Award
Class A Common Stock
2024-01-31+10,776→ 51,208 total
Footnotes (5)
- [F1]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 3/A filed with the Commission on March 15, 2023.
- [F2]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.
- [F3]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 3/A filed with the Commission on March 15, 2023.
- [F4]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.
- [F5]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.
Issuer
Utz Brands, Inc.
CIK 0001739566
Entity typeother
Related Parties
1- filerCIK 0001934042
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 9:06 PM ET
- Size
- 255.4 KB