Lori B. Smith - Jan 7, 2022 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
Stock symbol
UTI
Transactions as of
Jan 7, 2022
Transactions value $
-$10,098
Form type
4
Date filed
1/11/2022, 04:40 PM
Previous filing
Dec 17, 2021
Next filing
Jan 18, 2022

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 +3.85K +15.08% $0.00 29.4K Jan 7, 2022 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability -$10.1K -1.3K -4.44% $7.75 28.1K Jan 7, 2022 Direct
holding UTI Common Stock, $0.0001 par value 173K Jan 7, 2022 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 +3.85K +384800% $0.00 3.85K Jan 7, 2022 Common Stock, $0.0001 par value 3.85K 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.