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

Signature
/s/ Christopher Kevane, attorney-in-fact for Jerome A Grant
Issuer symbol
UTI
Transactions as of
31 May 2022
Net transactions value
-$409,600
Form type
4
Filing time
02 Jun 2022, 16:38:01 UTC
Previous filing
24 Jan 2022
Next filing
10 Jan 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 $181,600 -20,000 -19% $9.08 87,152 31 May 2022 Direct F1, F2
transaction UTI Common Stock, $0.0001 par value Sale $228,000 -25,000 -29% $9.12 62,152 01 Jun 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.