Eric Severson - 14 Sep 2021 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
SVP Admissions
Signature
/s/ Eric Severson
Issuer symbol
UTI
Transactions as of
14 Sep 2021
Net transactions value
-$9,800
Form type
4
Filing time
16 Sep 2021, 17:23:03 UTC
Next filing
10 Dec 2021
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 +5,145 +52% $0.000000 15,125 14 Sep 2021 Direct F1, F2
transaction UTI Common Stock, $0.0001 par value Tax liability $9,800 -1,439 -9.5% $6.81 13,686 14 Sep 2021 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 -5,145 -18% $0.000000 22,942 14 Sep 2021 Common Stock, $0.0001 par value 5,145 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 9/12/2018.
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 9/12/2018.
F4 The restricted stock units have vested in full.