Troy R. Anderson - Jan 7, 2023 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
EVP and CFO
Signature
/s/ Troy Anderson, by Christopher Kevane, as Attorney-in-Fact
Stock symbol
UTI
Transactions as of
Jan 7, 2023
Transactions value $
-$22,740
Form type
4
Date filed
1/10/2023, 06:29 PM
Previous filing
Dec 13, 2022
Next filing
Dec 12, 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 +10.2K +26.33% $0.00 49K Jan 7, 2023 Direct F1, F2
transaction UTI Common Stock, $0.0001 par value Tax liability -$22.7K -3.39K -6.91% $6.71 45.7K Jan 7, 2023 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 -10.2K -100% $0.00* 0 Jan 7, 2023 Common Stock, $0.0001 par value 10.2K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 7, 2020, the reporting person was granted restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
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 performance units granted on 1/7/2020.
F4 Shares of Common Stock received from vesting of restricted stock units granted on 1/7/2020.