SEC 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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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 08/28/2020 | 3. Issuer Name and Ticker or Trading Symbol Utz Brands, Inc. [ UTZ ] | |||||||||||||
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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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) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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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: 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 | ||||
Class B ordinary shares | (1)(2) | (1)(2) | Class A ordinary shares | 11,680,000 | (1)(2) | I(3) | By Collier Creek Partners, LLC |
Warrants to purchase Class A ordinary shares | 09/27/2020 | 08/28/2025 | Class A ordinary shares | 7,200,000 | 11.5 | I(3) | By Collier Creek Partners, LLC |
Explanation of Responses: |
1. As described in the Collier Creek Holdings ("CCH") registration statement on Form S-1 (File No. 333-227295) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of CCH at the time of CCH's initial business combination. On June 5, 2020, CCH entered into the Business Combination Agreement, by and among CCH, Utz Brands Holdings, LLC and the other parties thereto, which provides that CCH will domesticate as a Delaware corporation (the "Domestication") and change its name to "Utz Brands, Inc." ("Utz"). In connection with the Domestication, the Reporting Person's Class B ordinary shares will automatically convert into shares of Class A common stock of Utz, par value $0.0001 per share, on a one-for-one basis, and warrants to purchase Class A ordinary shares became automatically exercisable for Class A common stock. |
2. The Business Combination closed on August 28, 2020. |
3. The securities reported herein are held by Collier Creek Partners, LLC (the "Sponsor"). The Reporting Person shares voting and dispositive power over the securities held by the Sponsor. The Reporting Person disclaims beneficial ownership over any securities owned by the Sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
Remarks: |
Exhibit 24.1 Power of Attorney |
/s/ Jason K. Giordano, as Attorney-in-Fact | 09/01/2020 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |