Sonia Claire Mason - Sep 15, 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
Stock symbol
UTI
Transactions as of
Sep 15, 2022
Transactions value $
-$4,342
Form type
4
Date filed
9/19/2022, 04:25 PM
Previous filing
Jan 18, 2022
Next filing
Dec 12, 2022

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 +1.92K +36.9% $0.00 7.12K Sep 15, 2022 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability -$3.45K -531 -7.46% $6.50 6.59K Sep 15, 2022 Direct
transaction UTI Common Stock, $0.0001 par value Tax liability -$891 -137 -2.08% $6.50 6.45K 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 -1.92K -50% $0.00 1.92K Sep 15, 2022 Common Stock, $0.0001 par value 1.92K 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.