Utz Brands director granted 16,927 RSUs
Altmeyer John W reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Altmeyer John W reported acquisition or exercise transactions in this Form 4 filing.
Utz Brands, Inc. director John W. Altmeyer received a grant of 16,927 shares of Class A Common Stock in the form of restricted stock units under the company’s 2020 Omnibus Equity Incentive Plan. These units were awarded at no cash cost and are part of his equity compensation.
The restricted stock units are scheduled to vest 100% on April 23, 2027, contingent on his continuous service with the company and other conditions set out in the plan and award agreement. After this grant, Altmeyer holds a total of 84,500 shares of Utz Brands Class A Common Stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 16,927 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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 (as amended, 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: subject to the terms of the restricted stock unit award agreement, 100% of the shares subject to the restricted stock units vest on April 23, 2027, subject to the reporting person's continuous service to the Company through such dates and subject to certain conditions detailed in the Plan.
Key Figures
Key Terms
restricted stock unit financial
2020 Omnibus Equity Incentive Plan financial
contingent right financial
vest financial
continuous service financial
FAQ
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What did John W. Altmeyer receive in this Utz (UTZ) Form 4 filing?
When do John W. Altmeyer’s new Utz (UTZ) restricted stock units vest?
Under which plan were the Utz (UTZ) restricted stock units granted to John W. Altmeyer?
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