Utz Brands, Inc. — Director's Dealing 2020

Sep 2, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Utz Brands, Inc. (UTZ)
CIK: 0001739566
Period of Report: 2020-08-28

Reporting Person: Giordano Jason K (Director, 10% Owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B ordinary shares	$		Class A ordinary shares (11680000)		Indirect
Warrants to purchase Class A ordinary shares	$11.5	2025-08-28	Class A ordinary shares (7200000)		Indirect

Footnotes

F1: As described in the Collier Creek Holdings ("CCH") registration statement on Form S-1 (File No. 333-227295) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of CCH at the time of CCH's initial business combination. On June 5, 2020, CCH entered into the Business Combination Agreement, by and among CCH, Utz Brands Holdings, LLC and the other parties thereto, which provides that CCH will domesticate as a Delaware corporation (the "Domestication") and change its name to "Utz Brands, Inc." ("Utz"). In connection with the Domestication, the Reporting Person's Class B ordinary shares will automatically convert into shares of Class A common stock of Utz, par value $0.0001 per share, on a one-for-one basis, and warrants to purchase Class A ordinary shares became automatically exercisable for Class A common stock.

F2: The Business Combination closed on August 28, 2020.

F3: The securities reported herein are held by Collier Creek Partners, LLC (the "Sponsor"). The Reporting Person shares voting and dispositive power over thesecurities held by the Sponsor. The Reporting Person disclaims beneficial ownership over any securities owned by the Sponsor other than to the extent ofany pecuniary interest he may have therein, directly or indirectly.