Utz Brands, Inc. — Director's Dealing 2020

Nov 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Utz Brands, Inc. (UTZ)
CIK: 0001739566
Period of Report: 2020-11-02

Reporting Person: Sponaugle James (SVP HR & Personnel Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-02	Class A Common Stock	A	2971	—	Acquired	18898	Direct

Footnotes

F1: The shares of Issuer's Class A Common Stock are subject to a restricted stock unit award under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan (the "Plan"). Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.

F2: The restricted stock units vest under the following schedule: 50% of the shares subject to the restricted stock units vest on December 31, 2022 and 50% of the shares subject to the restricted stock units vest on December 31, 2023, subject to the reporting person's continuous employment through such dates and subject to certain conditions detailed in the Plan.