DEROMEDI ROGER K bought UTZ
August 8, 2025 · Form 4 insider transaction
DEROMEDI ROGER K bought 2,400,000 shares of Utz Brands, Inc. at $11.50 per share, a transaction worth $27.60M. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
Reflects the exercise of 2,400,000 warrants to purchase shares of Class A common stock of Utz Brands, Inc. ("Issuer") on a cashless basis pursuant to the Warrant Agreement, dated as of October 4, 2018 (the "Warrant Agreement"), by and between Collier Creek Holdings ("Collier Creek") and Continental Stock Transfer & Trust Company ("CST"), as assumed by the Issuer pursuant to that certain Assignment and Assumption Agreement, dated as of February 22, 2022, by and among the Issuer, CST, Equinity Trust Company ("Equinity") and the Consenting Holders (as defined therein). The number of shares of Class A common stock issuable upon exercise of the warrants was determined in accordance with section 3.3.1(c) of the Warrant Agreement.; The securities are held by the Roger K. Deromedi Revocable Trust 2/11/2000 Amended and Restated 11/09/2011 (the "Revocable Trust"). The Reporting Person holds voting and dispositive power over the Revocable Trust.