Sonia Claire Mason - 15 Sep 2022 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
Chief Human Resources Officer
Signature
/s/ Christopher Kevane, attorney-in-fact for Sonia Claire Mason
Issuer symbol
UTI
Transactions as of
15 Sep 2022
Net transactions value
-$4,342
Form type
4
Filing time
19 Sep 2022, 16:25:58 UTC
Previous filing
18 Jan 2022
Next filing
12 Dec 2022
SEC
View on sec.gov

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 +1,919 +37% $0.000000 7,120 15 Sep 2022 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability $3,452 -531 -7.5% $6.50 6,589 15 Sep 2022 Direct
transaction UTI Common Stock, $0.0001 par value Tax liability $890 -137 -2.1% $6.50 6,452 15 Sep 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 -1,919 -50% $0.000000 1,919 15 Sep 2022 Common Stock, $0.0001 par value 1,919 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.