Eric J. Aumen - Dec 31, 2022 Form 4 Insider Report for Utz Brands, Inc. (UTZ)

Role
SVP & Chief Accounting Officer
Signature
/s/ Theresa R. Shea, as attorney-in-fact for Eric J. Aumen
Stock symbol
UTZ
Transactions as of
Dec 31, 2022
Transactions value $
-$14,551
Form type
4
Date filed
2/2/2024, 09:17 PM
Previous filing
Jul 6, 2022
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTZ Class A Common Stock Tax liability -$7.99K -504 -2.07% $15.86 23.8K Dec 31, 2022 Direct F1
transaction UTZ Class A Common Stock Tax liability -$4.63K -292 -1.23% $15.86 23.5K Jan 31, 2023 Direct F2
transaction UTZ Class A Common Stock Award $6.52K +424 +1.8% $15.38 24K Jun 30, 2023 Direct F3
transaction UTZ Class A Common Stock Award $6.56K +425 +1.77% $15.43 24.4K Dec 29, 2023 Direct F4
transaction UTZ Class A Common Stock Tax liability -$8.2K -505 -2.07% $16.24 23.9K Dec 31, 2023 Direct F1
transaction UTZ Class A Common Stock Award $0 +1.24K +5.19% $0.00 25.1K Jan 31, 2024 Direct F5
transaction UTZ Class A Common Stock Tax liability -$6.8K -419 -1.67% $16.24 24.7K Jan 31, 2024 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Eric J. Aumen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
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 4 filed with the Commission on November 3, 2020.
F2 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.
F3 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).
F4 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).
F5 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.
F6 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.

Remarks:

See Power of Attorney attached hereto as Exhibit 24.1.