Utz Brands, Inc. — Director's Dealing 2022

Dec 20, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Utz Brands, Inc. (UTZ)
CIK: 0001739566
Period of Report: 2022-12-15

Reporting Person: Friedman Howard A (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-15	Class A Common Stock	A	112044	—	Acquired	112044	Direct

Footnotes

F1: Each of 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"), made pursuant to Rule 16b-3. 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 of Class A Common Stock subject to the restricted stock units vest on December 31, 2023 and 50% of the shares of Class A Common Stock subject to the restricted stock units vest on December 31, 2024 for so long as the participant remains in Continuous Service (as defined in the Plan) to the Company and subject to certain conditions detailed in the Plan.