Filing Details

Accession Number:
0001739566-24-000038
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-14 16:39:34
Reporting Period:
2024-02-12
Accepted Time:
2024-02-14 16:39:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1739566 Utz Brands Inc. UTZ () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1189715 K Roger Deromedi C/O Utz Brands, Inc.
900 High Street
Hanover PA 17331
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2024-02-12 13,446 $19.03 3,548,704 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 17,689 Direct
Class A Common Stock 360,000 Indirect See Footnote
Class A Common Stock 650,466 Indirect See Footnote
Footnotes
  1. This sale was effected pursuant to a rule 10b5-1 Trading Plan adopted by the Reporting Person on 06/15/2023.
  2. The price reported in this box in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $19.00 to $19.07. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
  3. This transaction involves a prior transfer of 190,056 shares of the Issuer's Class A Common Stock by the Roger K. Deromedi Irrevocable Grantor Retained Annuity Trust (the "Grantor Annuity Trust") to the Roger K. Deromedi Revocable Trust dated 2/11/2000 Amended and Restated 11/09/2011 (the "Revocable Trust") that was exempt under Rule 16a-13.
  4. The securities are held by the Revocable Trust. The Reporting Person holds voting and dispositive power over the Revocable Trust.
  5. The securities are held by the Roger K. Deromedi Irrevocable Generation Skipping Trust dated October 1, 2020, Sandra E. Deromedi, Trustee, FBO Sandra E. Deromedi (the "Irrevocable Trust"). To the extent permitted under applicable law, the Reporting Person disclaims beneficial ownership of the shares held by the Irrevocable Trust. The Reporting Person's spouse holds voting and dispositive power over the Irrevocable Trust.
  6. The securities are held by the Grantor Annuity Trust. The reporting Person holds voting and dispositive power over the Grantor Annuity Trust.