Christopher E. Kevane - Mar 2, 2022 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
SVP Chief Legal Officer
Signature
/s/ Christopher E. Kevane
Stock symbol
UTI
Transactions as of
Mar 2, 2022
Transactions value $
-$12,731
Form type
4
Date filed
3/4/2022, 03:22 PM
Previous filing
Jan 18, 2022
Next filing
Jan 10, 2023

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 +3.33K +40.81% $0.00 11.5K Mar 2, 2022 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability -$10.1K -1.16K -10.08% $8.75 10.3K Mar 2, 2022 Direct
transaction UTI Common Stock, $0.0001 par value Tax liability -$2.62K -299 -2.9% $8.75 10K Mar 2, 2022 Direct F2

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 -3.33K -49.99% $0.00 3.33K Mar 2, 2022 Common Stock, $0.0001 par value 3.33K Direct F1, F3
* 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 Shares withheld to satisfy tax liability for the vesting of performance units granted on 3/2/2020.
F3 On March 2, 2020, the reporting person was granted restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.