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

Role
SVP Admissions
Signature
/s/ Eric Severson
Stock symbol
UTI
Transactions as of
Sep 14, 2021
Transactions value $
-$9,800
Form type
4
Date filed
9/16/2021, 05:23 PM
Next filing
Dec 10, 2021

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 +5.15K +51.55% $0.00 15.1K Sep 14, 2021 Direct F1, F2
transaction UTI Common Stock, $0.0001 par value Tax liability -$9.8K -1.44K -9.51% $6.81 13.7K Sep 14, 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 -5.15K -18.32% $0.00 22.9K Sep 14, 2021 Common Stock, $0.0001 par value 5.15K 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.