Christopher Kevane - 02 Mar 2023 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 2023
Net transactions value: $0
Form type: 4
Filing time: 06 Mar 2023, 15:25:19 UTC
Previous filing: 13 Dec 2022
Next filing: 13 Dec 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	+3,326	+17%	$0.000000	23,021	02 Mar 2023	Direct	F1, F2
transaction	UTI	Common Stock, $0.0001 par value	Tax liability	$0	-1,103	-4.8%	$0.000000	21,918	02 Mar 2023	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	-3,326	-100%	$0.000000^*	0	02 Mar 2023	Common Stock, $0.0001 par value	3,326		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 03/02/2020.
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 3/2/2020.
F4	The restricted stock units vest in three equal annual installments beginning on March 2, 2021.