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* Series U of UM Partners, LLC (Last) (First) (Middle) C/O UTZ BRANDS, INC. 900 HIGH STREET (Street) HANOVER PA 17331 (City) (State) (Zip)	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) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			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 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
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

1. Name and Address of Reporting Person* Series U of UM Partners, LLC (Last) (First) (Middle) C/O UTZ BRANDS, INC. 900 HIGH STREET (Street) HANOVER PA 17331 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Series R of UM Partners, LLC (Last) (First) (Middle) C/O UTZ BRANDS, INC. 900 HIGH STREET (Street) HANOVER PA 17331 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

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.

	Series U of UM Partners, LLC By: /s/ Jeremiah G. Garvey, Name: Jeremiah G. Garvey, Title: Attorney-in-Fact	09/01/2020
	Series R of UM Partners, LLC By: /s/ Jeremiah G. Garvey, Name: Jeremiah G. Garvey, Title: 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).
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