Bart Fesperman - Sep 15, 2022 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
SVP Chief Commercial Officer
Signature
/s/ Christopher Kevane, attorney-in-fact for Bart Fesperman
Stock symbol
UTI
Transactions as of
Sep 15, 2022
Transactions value $
-$8,359
Form type
4
Date filed
9/19/2022, 04:16 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 +3.78K +53.06% $0.00 10.9K Sep 15, 2022 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability -$6.64K -1.02K -9.38% $6.50 9.87K Sep 15, 2022 Direct
transaction UTI Common Stock, $0.0001 par value Tax liability -$1.72K -264 -2.67% $6.50 9.61K Sep 15, 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 -3.78K -49.99% $0.00 3.78K Sep 15, 2022 Common Stock, $0.0001 par value 3.78K 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 9/15/2020.
F3 On September 15, 2020, the reporting person was granted restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.