Lori B. Smith - Dec 8, 2022 Form 4/A - Amendment 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 8, 2022
Transactions value $: -$9,649
Form type: 4/A - Amendment
Date filed: 1/10/2023, 06:29 PM
Date Of Original Report: Dec 12, 2022
Previous filing: Jan 24, 2022
Next filing: Dec 13, 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	+4.7K	+16.35%	$0.00	33.4K	Dec 8, 2022	Direct	F1, F2
transaction	UTI	Common Stock, $0.0001 par value	Tax liability	-$9.65K	-1.34K	-4.02%	$7.19	32.1K	Dec 8, 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	-4.7K	-33.33%	$0.00	9.4K	Dec 8, 2022	Common Stock, $0.0001 par value	4.7K		Direct	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Share of Common Stock received from vesting of restricted stock units granted on 12/08/2021.
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 12/08/2021.
F4	The restricted stock units vest in three equal annual installments beginning on December 8, 2022.