Jerome Alan Grant - May 31, 2022 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
Chief Executive Officer, Director
Signature
/s/ Christopher Kevane, attorney-in-fact for Jerome A Grant
Stock symbol
UTI
Transactions as of
May 31, 2022
Transactions value $
-$409,600
Form type
4
Date filed
6/2/2022, 04:38 PM
Previous filing
Jan 24, 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 Sale -$182K -20K -18.67% $9.08 87.2K May 31, 2022 Direct F1, F2
transaction UTI Common Stock, $0.0001 par value Sale -$228K -25K -28.69% $9.12 62.2K Jun 1, 2022 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person's sale of shares was completed in connection with his financial planning needs, including for tax and estate planning purposes.
F2 The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $9.01 to $9.24, inclusive. The Reporting Person undertakes to provide to Universal Technical Institute, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $9.07 to $9.23, inclusive. The Reporting Person undertakes to provide to Universal Technical Institute, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.