Christopher E. Kevane - 02 Mar 2022 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Reporting relationship: SVP Chief Legal Officer
Issuer ticker: UTI
Reported as of: 02 Mar 2022
Net transaction value: -$12,731
SEC form: 4
Accepted by SEC: 04 Mar 2022, 15:22:12 UTC
Prior SEC filing: 18 Jan 2022
Next SEC filing: 10 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Christopher E. Kevane

Key filing fact

Christopher E. Kevane filed Form 4 for UNIVERSAL TECHNICAL INSTITUTE INC (UTI) on 04 Mar 2022.

Key facts

This page summarizes Christopher E. Kevane's Form 4 filing for UNIVERSAL TECHNICAL INSTITUTE INC (UTI).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 04 Mar 2022, 15:22.

Change

Previous filing in this sequence was filed on 18 Jan 2022.
Current net transaction value: -$12,731.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UTI transaction

Common Stock, $0.0001 par value

Options Exercise

Transaction value: $0
Shares: +3,325
Change %: +41%
Price: $0.000000
Shares after: 11,473
Date: 02 Mar 2022
Ownership: Direct
Footnotes: F1

UTI transaction

Common Stock, $0.0001 par value

Tax liability

Transaction value: $10,115
Shares: -1,156
Change %: -10%
Price: $8.75
Shares after: 10,317
Date: 02 Mar 2022
Ownership: Direct

UTI transaction

Common Stock, $0.0001 par value

Tax liability

Transaction value: $2,616
Shares: -299
Change %: -2.9%
Price: $8.75
Shares after: 10,018
Date: 02 Mar 2022
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

UTI transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -3,325
Change %: -50%
Price: $0.000000
Shares after: 3,326
Date: 02 Mar 2022
Ownership: Direct
Underlying class: Common Stock, $0.0001 par value
Underlying amount: 3,325
Exercise price
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Common Stock.

Footnote F2

Shares withheld to satisfy tax liability for the vesting of performance units granted on 3/2/2020.

Footnote 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.