Utz Brands Inc.

06/03/2025 | Press release | Distributed by Public on 06/03/2025 15:13

Initial Statement of Beneficial Ownership (Form 3)

FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Stuart Jeremy K
2. Date of Event Requiring Statement (Month/Day/Year)
06/01/2025
3. Issuer Name and Ticker or Trading Symbol
Utz Brands, Inc. [UTZ]
(Last) (First) (Middle)
900 HIGH ST.
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, Sales & CCO
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
HANOVER, PA 17331
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 15,252(1) D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Stuart Jeremy K
900 HIGH ST.
HANOVER, PA 17331
EVP, Sales & CCO

Signatures

/s/ Theresa R. Shea as attorney-in-fact for Jeremy K. Stuart 06/03/2025
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Reflects (a) 822 shares of Class A Common Stock, (b) 8,415 shares of Class A Common Stock subject to restricted stock unit award under the Utz Brands, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan") that vest on 12/31/2025, subject to the reporting person's continuous service through such dates and subject to certain conditions detailed in the Plan, (c) 2,436 shares of Class A Common Stock subject to restricted stock unit award under the Plan that vest 50% on 12/31/2025 and 50% on 12/31/2026, subject to the reporting person's continuous service through such dates and subject to certain conditions detailed in the Plan; and (d) 3,579 shares of Class A Common Stock subject to restricted stock unit award under the Plan that vest 33 1/3% on 12/31/2025, 33 1/3% on 12/31/2026, and 33 1/3% on 12/31/2027, subject to the reporting person's continuous service through such dates and subject to certain conditions detailed in the Plan.

Remarks:
See Power of Attorney attached hereto as Exhibit 24.1.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
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