Company: UTZ
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000950170-25-038342
Chunk: 61

Company: Utz Brands, Inc.
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 61
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,474 |     |       — |     |         319,781 |     |       63,311 |     | 1,439,565 |
| Executive Vice President,                   |     |        |    |     |        |         |     |           |     |         |     |                 |     |              |     |           |
| Chief Integrated Supply Chain Officer       |     |        |    |     |        |         |     |           |     |         |     |                 |     |              |     |           |

(1) The amounts disclosed in this column reflect the dollar amount of the salaries actually paid in the reported fiscal year. (2) Amounts set forth in this column represent the aggregate grant date fair value of stock awards granted to each named executive officer, in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification Topic No. 718. (“ASC 718”) and, in the case of PSUs, are valued based on the probable outcome of the applicable performance conditions on the grant date. The relative total stockholder return vesting condition related to the PSU awards is considered a market condition and not a performance condition under ASC 718. Accordingly, there is no grant date fair value below or in excess of the amounts reflected in the table above that could be calculated and disclosed based on achievement of market conditions. For a discussion of the assumptions made in such valuation of the equity awards reported in this column, see Note 1 “Operations and Summary of Significant Accounting Policies” to our audited financial statements for the fiscal year ended December 29, 2024, included in our Annual Report on Form 10-K . For details regarding the vesting conditions of these equity awards, see the “— Outstanding Equity Awards at Fiscal Year-End” table below. (3) Amounts set forth in this column represent the aggregate grant date fair value of option awards granted to each named executive officer, in accordance with ASC 718. For details regarding stock option grants, see the section entitled “Long-Term Incentives - Stock Options” above. (4) Represents annual performance-based cash incentives. For a discussion of the determination of these amounts, please see the section entitled “Annual Cash Short-Term Incentive Award Program (“Annual Bonus Plan” or “ABP”).” (5) The amounts listed under “All Other Compensation” column for fiscal year 2024 include: (i) matching contributions and profit-sharing contributions by us under the Utz Quality Foods