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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

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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

This sale was effected pursuant to a rule 10b5-1 Trading Plan adopted by the Reporting Person on 06/15/2023.
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.
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.
The securities are held by the Revocable Trust. The Reporting Person holds voting and dispositive power over the Revocable Trust.
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.
The securities are held by the Grantor Annuity Trust. The reporting Person holds voting and dispositive power over the Grantor Annuity Trust.