Whyte Chad 4
4 · Utz Brands, Inc. · Filed Jun 22, 2022
Insider Transaction Report
Form 4
Whyte Chad
EVP, Supply Chain
Transactions
- Award
Stock Option (Right to Buy)
2022-06-21+7,584→ 7,584 totalExercise: $13.14Exp: 2032-06-21→ Class A Common Stock (7,584 underlying) - Award
Class A Common Stock
2022-06-21+2,528→ 8,319 total
Footnotes (3)
- [F1]The shares of Issuer's Class A Common Stock are subject to a restricted stock unit award under the Utz Brands, Inc. 2021 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: 100% of the RSUs vest on December 31, 2024, for so long as the participant remains in continuous service to the Company.
- [F3]The stock options are subject to the stock option agreement under the Plan. The stock options vest under the following schedule: 100% of the shares underlying the stock options shall vest and become exercisable on December 31, 2024 for so long as the Optionee remains in Continuous Service (as defined in the Plan) to the Company.