Sonia Claire Mason - Dec 10, 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
Stock symbol
UTI
Transactions as of
Dec 10, 2022
Transactions value $
-$9,488
Form type
4
Date filed
12/13/2022, 02:48 PM
Previous 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 +4.65K +40.26% $0.00 16.2K Dec 10, 2022 Direct F1, F2
transaction UTI Common Stock, $0.0001 par value Tax liability -$9.49K -1.33K -8.2% $7.15 14.9K 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.