Lori B. Smith - Dec 15, 2021 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
SVP Chief Information Officer
Signature
/s/ Christopher Kevane, attorney-in-fact for Lori B. Smith
Stock symbol
UTI
Transactions as of
Dec 15, 2021
Transactions value $
-$10,802
Form type
4
Date filed
12/17/2021, 04:57 PM
Previous filing
Dec 10, 2021
Next filing
Jan 11, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTI Common Stock, $0.0001 par value Options Exercise $0 +4.65K +20.92% $0.00 26.9K Dec 15, 2021 Direct F1, F2
transaction UTI Common Stock, $0.0001 par value Tax liability -$10.8K -1.33K -4.94% $8.14 25.5K Dec 15, 2021 Direct F3
holding UTI Common Stock, $0.0001 par value 170K Dec 15, 2021 Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UTI Restricted Stock Units Options Exercise $0 -4.65K -33.33% $0.00 9.29K Dec 15, 2021 Common Stock, $0.0001 par value 4.65K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Common Stock received from vesting of restricted stock units granted on 12/10/2020.
F2 Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock.
F3 Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/10/2020.
F4 The restricted stock units vest in three equal annual installments beginning on 12/10/2021.