R. Anderson - Jan 7, 2022 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role: EVP and CFO
Signature: /s/ Christopher Kevane, attorney-in-fact for Troy R. Anderson
Stock symbol: UTI
Transactions as of: Jan 7, 2022
Transactions value $: -$27,536
Form type: 4
Date filed: 1/11/2022, 04:36 PM
Previous filing: Dec 17, 2021
Next filing: Jan 18, 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	+10.2K	+73.51%	$0.00	24.1K	Jan 7, 2022	Direct	F1
transaction	UTI	Common Stock, $0.0001 par value	Tax liability	-$27.5K	-3.55K	-14.73%	$7.75	20.6K	Jan 7, 2022	Direct

Showing 1 to 2 of 2 entries

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	+10.2K		$0.00	10.2K	Jan 7, 2022	Common Stock, $0.0001 par value	10.2K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Common Stock.
F2	On January 7, 2020, the reporting person was granted restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.