Sonia Claire Mason - 08 Dec 2022 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
Chief Human Resources Officer
Signature
/s/ Sonia Claire Mason, by Christopher Kevane, as Attorney-in-Fact
Issuer symbol
UTI
Transactions as of
08 Dec 2022
Net transactions value
-$8,391
Form type
4
Filing time
12 Dec 2022, 15:58:23 UTC
Previous filing
19 Sep 2022
Next filing
13 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 +4,087 +47% $0.000000 12,708 08 Dec 2022 Direct F1, F2
transaction UTI Common Stock, $0.0001 par value Tax liability $8,391 -1,167 -9.2% $7.19 11,541 08 Dec 2022 Direct F3

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 -4,087 -33% $0.000000 8,174 08 Dec 2022 Common Stock, $0.0001 par value 4,087 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Share of Common Stock received from vesting of restricted stock units granted on 12/08/2021.
F2 Each restricted stock unit represents a contingent right to receive one share of Common Stock.
F3 Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/08/2021.
F4 The restricted stock units vest in three equal annual installments beginning on December 8, 2022.