Tracy K. Lorenz - Dec 8, 2024 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
UTI Division President
Signature
/s/ Christopher Kevane, Attorney-in-Fact for Tracy K. Lorenz
Stock symbol
UTI
Transactions as of
Dec 8, 2024
Transactions value $
-$35,612
Form type
4
Date filed
12/10/2024, 09:33 PM
Previous filing
May 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTI Common Stock, $0.0001 par value Award +9K +25.94% 43.7K Dec 8, 2024 Direct F1, F2, F3
transaction UTI Common Stock, $0.0001 par value Tax liability -$35.6K -1.39K -3.18% $25.62 42.3K Dec 8, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units ("RSU") vest in three equal installments beginning on December 15, 2025.
F2 Each RSU represents a contingent right to receive one share of issuer's Common Stock.
F3 The reported transaction involved the reporting person's receipt of a grant of 9,004 ("RSUs") received on December 9, 2024. The reporting person has reported prior awards of RSUs in Table II of Form 4. The total reported in Column 5 includes the 9,004 newly awarded RSUs, 31,582 RSU's previously reported in Table II and 3,132 shares of common stock.