4//SEC Filing
Whyte Chad 4
Accession 0001739566-25-000016
CIK 0001739566other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 9:34 PM ET
Size
17.1 KB
Accession
0001739566-25-000016
Insider Transaction Report
Form 4
Whyte Chad
EVP, Supply Chain
Transactions
- Tax Payment
Class A Common Stock
2025-01-02$15.66/sh−1,589$24,884→ 42,709 total - Award
Class A Common Stock
2025-01-03+10,929→ 51,872 total - Award
Class A Common Stock
2025-01-06+4,053→ 55,925 total - Tax Payment
Class A Common Stock
2025-01-02$15.66/sh−3,154$49,392→ 48,054 total - Tax Payment
Class A Common Stock
2025-01-02$15.66/sh−1,377$21,564→ 46,677 total - Tax Payment
Class A Common Stock
2025-01-02$15.66/sh−2,379$37,255→ 44,298 total - Tax Payment
Class A Common Stock
2025-01-02$15.66/sh−1,766$27,656→ 40,943 total - Tax Payment
Class A Common Stock
2025-01-06$15.66/sh−2,208$34,577→ 53,717 total
Footnotes (8)
- [F1]Represents shares withheld for payment of tax liability arising as a result of the vesting of a restricted stock unit award reported by the reporting person in an Amended Form 3 filed with the Commission on March 15, 2023.
- [F2]Represents shares withheld for payment of tax liability arising as a result of the vesting of a restricted stock unit award reported by the reporting person in a Form 4 filed with the Commission on June 22, 2022.
- [F3]Represents shares withheld for payment of tax liability arising as a result of the vesting of a restricted stock unit award reported by the reporting person in a Form 4 filed with the Commission on February 2, 2023.
- [F4]Represents shares withheld for payment of tax liability arising as a result of the vesting of a restricted stock unit award reported by the reporting person in a Form 4 filed with the Commission on February 2, 2024.
- [F5]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 (as amended, 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.
- [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, 2025, 33.33% of the shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2026, and 33.34% shares of Issuer's Class A Common Stock subject to the restricted stock units vest on December 31, 2027, 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 Plan.
- [F7]Represents shares issued upon vesting of performance share unit awards, as approved on January 2, 2025 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.
- [F8]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.
Documents
Issuer
Utz Brands, Inc.
CIK 0001739566
Entity typeother
Related Parties
1- filerCIK 0001934042
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 9:34 PM ET
- Size
- 17.1 KB