SEC Form 4 · accession 0001144204-18-054614
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 19, 2018
Accepted (ET)
Oct 19, 2018 · 6:32 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,F1,F2 | — | Oct 19, 2018 | J | 500,000 | D | — | — | Class A Ordinary Shares | 500,000 | 11,680,000 | D |
Explanation of responses
- F1On October 19, 2018, Collier Creek Partners LLC forfeited at no cost 500,000 Class B ordinary shares, par value $0.0001 per share ("Class B Ordinary Shares"), in connection with the election by the underwriters of the Issuer's initial public offering to decline in part to exercise an option granted to them to cover over-allotments.
- F2The Class B Ordinary Shares are convertible for the Issuer's Class A ordinary shares, par value $0.0001 per share, 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.
- F3The 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.