Christopher Kevane - 02 Mar 2022 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
SVP Chief Legal Officer
Signature
/s/ Christopher E. Kevane
Issuer symbol
UTI
Transactions as of
02 Mar 2022
Net transactions value
-$12,731
Form type
4
Filing time
04 Mar 2022, 15:22:12 UTC
Previous filing
18 Jan 2022
Next filing
10 Jan 2023
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 +3,325 +41% $0.000000 11,473 02 Mar 2022 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability $10,115 -1,156 -10% $8.75 10,317 02 Mar 2022 Direct
transaction UTI Common Stock, $0.0001 par value Tax liability $2,616 -299 -2.9% $8.75 10,018 02 Mar 2022 Direct F2

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 -3,325 -50% $0.000000 3,326 02 Mar 2022 Common Stock, $0.0001 par value 3,325 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Common Stock.
F2 Shares withheld to satisfy tax liability for the vesting of performance units granted on 3/2/2020.
F3 On March 2, 2020, the reporting person was granted restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.