Christopher Kevane - 10 Dec 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
10 Dec 2022
Net transactions value
-$15,287
Form type
4
Filing time
13 Dec 2022, 14:48:19 UTC
Previous filing
10 Jan 2023
Next filing
06 Mar 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 +7,259 +50% $0.000000 21,833 10 Dec 2022 Direct F1, F2
transaction UTI Common Stock, $0.0001 par value Tax liability $15,287 -2,138 -9.8% $7.15 19,695 10 Dec 2022 Direct F3

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 -7,259 -50% $0.000000 7,260 10 Dec 2022 Common Stock, $0.0001 par value 7,259 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 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.