Lori B. Smith - 15 Dec 2021 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
SVP Chief Information Officer
Signature
/s/ Christopher Kevane, attorney-in-fact for Lori B. Smith
Issuer symbol
UTI
Transactions as of
15 Dec 2021
Net transactions value
-$10,802
Form type
4
Filing time
17 Dec 2021, 16:57:32 UTC
Previous filing
10 Dec 2021
Next filing
11 Jan 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 +4,646 +21% $0.000000 26,852 15 Dec 2021 Direct F1, F2
transaction UTI Common Stock, $0.0001 par value Tax liability $10,802 -1,327 -4.9% $8.14 25,525 15 Dec 2021 Direct F3
holding UTI Common Stock, $0.0001 par value 170,380 15 Dec 2021 Spouse

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 -4,646 -33% $0.000000 9,292 15 Dec 2021 Common Stock, $0.0001 par value 4,646 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 12/10/2020.
F2 Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock.
F3 Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/10/2020.
F4 The restricted stock units vest in three equal annual installments beginning on 12/10/2021.