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Whyte Chad – ‘4’ for 12/31/22 re: Utz Brands, Inc.

On:  Friday, 2/2/24, at 9:06pm ET   ·   For:  12/31/22   ·   As:  Officer   ·   Accession #:  1739566-24-27   ·   File #:  1-38686

Previous ‘4’:  ‘4’ on 2/2/23 for 1/31/23   ·   Latest ‘4’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/02/24  Whyte Chad                        4          Officer     2:247K Utz Brands, Inc.                  Utz Brands, Inc.

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML     10K 
                Securities by an Insider --                                      
                wk-form4_1706926008.xml/5.8                                      
 2: EX-24       Power of Attorney                                   HTML      7K

‘4’   —   Statement of Changes in Beneficial Ownership of Securities by an Insider — wk-form4_1706926008.xml/5.8



        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
SEC Info℠ rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider — wk-form4_1706926008.xml/5.8
 

The SEC has not released XSLT Stylesheets needed to render this File’s XML Data as a Form.

This is our “Plain Text” rendering:
 
                                                                                                                                                                                
Ownership Document
 
Schema Version:  X0508
Document Type:  4
Period of Report:  12/31/22
Not Subject to Section 16:  0
Issuer:
Issuer CIK:  1739566
Issuer Name:  Utz Brands, Inc.
Issuer Trading Symbol:  UTZ
Reporting Owner:
Reporting Owner ID:
Owner CIK:  1934042
Owner Name:  Whyte Chad
Reporting Owner Address:
Owner Street 1:  900 HIGH STREET
Owner Street 2:
Owner City:  HANOVER
Owner State:  PA
Owner ZIP Code:  17331
Owner State Description:
Reporting Owner Relationship:
Is Director?  No
Is Officer?  Yes
Is Ten Percent Owner?  No
Is Other?  No
Officer Title:  EVP, Supply Chain
Aff 10b5 One:  0
Non-Derivative Table:
Non-Derivative Transaction:
Security Title:
Value:  Class A Common Stock
Transaction Date:
Value:  12/31/22
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  F
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  2,305
Footnote ID:  F1
Transaction Price Per Share:
Value:  15.86
Transaction Acquired-Disposed Code:
Value:  D
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  45,832
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Class A Common Stock
Transaction Date:
Value:  12/31/23
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  F
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  1,159
Footnote ID:  F2
Transaction Price Per Share:
Value:  16.24
Transaction Acquired-Disposed Code:
Value:  D
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  44,673
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Class A Common Stock
Transaction Date:
Value:  12/31/23
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  F
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  2,305
Footnote ID:  F1
Transaction Price Per Share:
Value:  16.24
Transaction Acquired-Disposed Code:
Value:  D
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  42,368
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Class A Common Stock
Transaction Date:
Value:  12/31/23
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  F
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  1936
Footnote ID:  F3
Transaction Price Per Share:
Value:  16.24
Transaction Acquired-Disposed Code:
Value:  D
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  40,432
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Class A Common Stock
Transaction Date:
Value:  1/31/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  A
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  10,776
Footnote ID:  F4
Footnote ID:  F5
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  A
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  51,208
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Table:
Footnotes:
Footnote - 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.
Footnote - 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.
Footnote - 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.
Footnote - 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.
Footnote - 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.
Remarks:  See Power of Attorney attached hereto as Exhibit 24.1.
Owner Signature:
Signature Name:  /s/ Theresa R. Shea, as attorney-in-fact for Chad Whyte
Signature Date:  2/2/24


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