SEC Form 4 · accession 0001144204-18-052583
Utz Brands, Inc. · UTZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Roger K Deromedi
10% Owner
Chinh Chu
10% Owner
Jason K Giordano
10% Owner
Collier Creek Partners LLC
10% Owner
Period of report
Oct 4, 2018
Accepted (ET)
Oct 4, 2018 · 7:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001739566
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Ordinary SharesF3,F4,F1 | — | Oct 4, 2018 | J | 1,437,500 | A | — | — | Class A Ordinary Shares | 1,437,500 | 12,180,000 | D |
Explanation of responses
- F1The Class B Ordinary Shares are convertible for the Issuer's Class A Ordinary Shares as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-227295) and have no expiration date.
- F2On October 4, 2018, in connection with the increase in the size of its initial public offering, the Issuer effected a share capitalization with respect to the Issuer's Class B Ordinary Shares.
- F3Includes 1,500,000 Class B Ordinary Shares that are subject to forfeiture depending on the extent to which the underwriters in the Issuer's initial public offering do not exercise their over-allotment option.
- F4The securities are held directly by Collier Creek Partners LLC. Chinh Chu, Roger K. Deromedi and Jason K. Giordano share voting and dispositive power over the securities held by Collier Creek Partners LLC. Chinh Chu, Roger K. Deromedi and Jason K. Giordano each disclaim beneficial ownership over any securities owned by Collier Creek Partners LLC other than to the extent of any pecuniary interest he may have therein, directly or indirectly.