FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Series U of UM Partners, LLC
2. Date of Event Requiring Statement (MM/DD/YYYY)
8/28/2020 

3. Issuer Name and Ticker or Trading Symbol

Utz Brands, Inc. [UTZ]
(Last)        (First)        (Middle)

C/O UTZ BRANDS, INC., 900 HIGH STREET
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          ___X___ 10% Owner
_____ Officer (give title below)        _____ Other (specify below)
(Street)

HANOVER, PA 17331      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
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)
Class V Common Stock (1)52,061,650 (3)D  
Class V Common Stock (2)9,187,350 (3)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Common Company Units (1) (4)(5) (5)Class A Common Stock 52,061,650 (4) (5)D  
Common Company Units (2) (4)(5) (5)Class A Common Stock 9,187,350 (4) (5)D  

Explanation of Responses:
(1) These securities are solely owned by Series U of UM Partners, LLC, who is a member of a "group" with Series R of UM Partners, LLC for purposes of Section 13(d) of the Exchange Act.
(2) These securities are solely owned by Series R of UM Partners, LLC, who is a member of a "group" with Series U of UM Partners, LLC for purposes of Section 13(d) of the Exchange Act.
(3) These shares of Class V Common Stock of the Issuer provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Common Stock will be entitled to vote as a common stockholder of the Issuer, with the number of votes equal to the number of shares of Class V Common Stock held at the time of such vote.
(4) These securities were acquired pursuant to the Business Combination Agreement dated June 5, 2020, by and among Collier Creek Holdings ("Collier Creek"), Utz Brands Holdings, LLC ("Utz"), and the Reporting Persons pursuant to which, among other things, the Reporting Persons will retain, in the aggregate 61,249,000 Common Company Units. Series U will hold 52,061,650 Common Company Units and Series R will hold 9,187,350 Common Company Units.
(5) These Common Company Units represent non-voting limited liability company interest of Utz pursuant to the terms of the Third Amended and Restated Limited Liability Company Agreement of Utz (the "LLC Agreement"). Beginning on the earlier of August 28, 2021 or such earlier time as the lock-up period set forth in an agreement between the Issuer and the Reporting Persons ends, these units may be exchanged at the discretion of the holder for shares of Class A Common Stock on a one-for-one basis pursuant to certain limitations set forth in the LLC Agreement.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Series U of UM Partners, LLC
C/O UTZ BRANDS, INC.
900 HIGH STREET
HANOVER, PA 17331

X

Series R of UM Partners, LLC
C/O UTZ BRANDS, INC.
900 HIGH STREET
HANOVER, PA 17331

X


Signatures
Series U of UM Partners, LLC By: /s/ Jeremiah G. Garvey, Name: Jeremiah G. Garvey, Title: Attorney-in-Fact9/1/2020
**Signature of Reporting PersonDate

Series R of UM Partners, LLC By: /s/ Jeremiah G. Garvey, Name: Jeremiah G. Garvey, Title: Attorney-in-Fact9/1/2020
**Signature of Reporting PersonDate


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 control number.

 

Exhibit 24.1

 

POWER OF ATTORNEY

 

The undersigned constitutes and appoints Dylan B. Lissette, Cary Devore, Jeremiah G. Garvey and Seth H. Popick or either of them acting singly, as the undersigned’s true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for the undersigned and in the undersigned’s name, place and stead, to:

 

1.prepare, sign, and submit to the Securities and Exchange Commission (the “SEC”) on its Electronic Data Gathering, Analysis, and Retrieval (“EDGAR”) Filer Management website a Form ID application, including any amendments and exhibits thereto, and any other related documents as may be necessary or appropriate, to obtain from the SEC access codes to permit filing on the SEC’s EDGAR system, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each act and thing requisite and necessary to be done as required by any rule or regulation of the SEC and the EDGAR Filer Manual as fully and to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, may lawfully do or cause to be done by virtue hereof; and

 

2.sign any and all SEC statements of beneficial ownership of securities of Utz Brands, Inc. on Schedule 13D or Schedule 13G as required under Section 13 and Forms 3, 4 and 5 as required under Section 16(a) of the Securities Exchange Act of 1934, as amended, and any amendments thereto, and to file the same with all exhibits thereto, and other documents in connection therewith, with the SEC, the Company and any stock exchange on which any of the Company’s securities are listed, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each act and thing requisite and necessary to be done under said Section 13 and Section 16(a), as fully and to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, may lawfully do or cause to be done by virtue hereof.

 

A copy of this power of attorney shall be filed with the SEC.  The authorization set forth above shall continue in full force and effect until the undersigned revokes such authorization by written instructions to the attorneys-in-fact.

 

The authority granted hereby shall in no event be deemed to impose or create any duty on behalf of the attorneys-in-fact with respect to the undersigned’s obligations to file a Form ID, Schedules 13D or Schedules 13G, and Forms 3, 4 and 5 with the SEC. 

 

Dated: July 25, 2020      
  Series U of UM Partners, LLC  
       
  By: /s/ Dylan B. Lissette  
  Name: Dylan B. Lissette  
  Title: President and CEO  

 

 

 

 

Exhibit 24.2 

 

POWER OF ATTORNEY

 

The undersigned constitutes and appoints Dylan B. Lissette, Cary Devore, Jeremiah G. Garvey and Seth H. Popick or either of them acting singly, as the undersigned’s true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for the undersigned and in the undersigned’s name, place and stead, to:

 

1.prepare, sign, and submit to the Securities and Exchange Commission (the “SEC”) on its Electronic Data Gathering, Analysis, and Retrieval (“EDGAR”) Filer Management website a Form ID application, including any amendments and exhibits thereto, and any other related documents as may be necessary or appropriate, to obtain from the SEC access codes to permit filing on the SEC’s EDGAR system, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each act and thing requisite and necessary to be done as required by any rule or regulation of the SEC and the EDGAR Filer Manual as fully and to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, may lawfully do or cause to be done by virtue hereof; and

 

2.sign any and all SEC statements of beneficial ownership of securities of Utz Brands, Inc. on Schedule 13D or Schedule 13G as required under Section 13 and Forms 3, 4 and 5 as required under Section 16(a) of the Securities Exchange Act of 1934, as amended, and any amendments thereto, and to file the same with all exhibits thereto, and other documents in connection therewith, with the SEC, the Company and any stock exchange on which any of the Company’s securities are listed, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each act and thing requisite and necessary to be done under said Section 13 and Section 16(a), as fully and to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, may lawfully do or cause to be done by virtue hereof.

 

A copy of this power of attorney shall be filed with the SEC.  The authorization set forth above shall continue in full force and effect until the undersigned revokes such authorization by written instructions to the attorneys-in-fact.

 

The authority granted hereby shall in no event be deemed to impose or create any duty on behalf of the attorneys-in-fact with respect to the undersigned’s obligations to file a Form ID, Schedules 13D or Schedules 13G, and Forms 3, 4 and 5 with the SEC. 

 

Dated: July 25, 2020    
  Series R of UM Partners, LLC  
       
  By: /s/ Dylan B. Lissette  
  Name: Dylan B. Lissette  
  Title: President and CEO  

 

 

 

Exhibit 99.1

 

JOINT FILING AGREEMENT

 

Pursuant to and in accordance with the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder (the “Exchange Act”) the undersigned hereby agree to the joint filing on behalf of each of them of any filing required by such party under Section 13 or Section 16 of the Exchange Act or any rule or regulation thereunder (including any amendment, restatement, supplement, and/or exhibit thereto) with respect to securities of Utz Brands, Inc., a Delaware corporation, and further agree to the filing, furnishing, and/or incorporation by reference of this Agreement as an exhibit thereto. Each of them is responsible for the timely filing of such filings and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. This Agreement shall remain in full force and effect until revoked by any party hereto in a signed writing provided to each other party hereto, and then only with respect to such revoking party. This Agreement may be executed in any number of counterparts all of which taken together shall constitute one and the same instrument.

 

Dated: August 28, 2020 

 

  SERIES R OF UM PARTNERS LLC
     
  By:  /s/ Dylan B. Lissette
  Name:  Dylan B. Lissette
  Title:  President & CEO
     
  SERIES U OF UM PARTNERS, LLC
     
  By: /s/ Dylan B. Lissette
  Name:  Dylan B. Lissette
  Title:  President & CEO