Dylan Lissette - Jan 28, 2022 Form 4/A - Amendment Insider Report for Utz Brands, Inc. (UTZ)

Role
CEO, Director
Signature
/s/ Jeremiah G. Garvey, as attorney-in-fact for Dylan Lissette
Stock symbol
UTZ
Transactions as of
Jan 28, 2022
Transactions value $
$0
Form type
4/A - Amendment
Date filed
12/19/2022, 07:23 PM
Date Of Original Report
Feb 1, 2022
Previous filing
Jan 5, 2022
Next filing
Mar 8, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UTZ Stock Option (Right to Buy) Award $0 +186K $0.00 186K Jan 28, 2022 Class A Common Stock 186K $15.51 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock options granted pursuant to the Issuer's 2020 Omnibus Equity Incentive Plan (the "Plan").
F2 On February 1, 2022, the reporting person filed a Form 4 which inadvertently reported that the number of options and shares of Class A Common Stock subject to such options was 149,166, when in fact, as reported in this amendment, the amount was 186,459.
F3 The shares subject to the stock option vest and become exercisable on December 31, 2024, subject to the reporting person's continuous service through such dates and subject to certain conditions as detailed in the Plan.
F4 The shares subject to stock option expire January 28, 2032.