Lori B. Smith - Dec 10, 2022 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
SVP Chief Information Officer
Signature
/s/ Christopher Kevane, attorney-in-fact for Lori B. Smith
Stock symbol
UTI
Transactions as of
Dec 10, 2022
Transactions value $
-$9,488
Form type
4
Date filed
12/13/2022, 02:46 PM
Previous filing
Jan 10, 2023
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 +4.65K +14.48% $0.00 36.7K Dec 10, 2022 Direct F1, F2
transaction UTI Common Stock, $0.0001 par value Tax liability -$9.49K -1.33K -3.61% $7.15 35.4K Dec 10, 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 -4.65K -50% $0.00 4.65K Dec 10, 2022 Common Stock, $0.0001 par value 4.65K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Common Stock received from vesting of restricted stock units granted on 12/10/2020.
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 12/10/2020.
F4 The restricted stock units vest in three equal annual installments beginning on 12/10/2021.