Lori B. Smith - 08 Dec 2022 Form 4/A - Amendment Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role: SVP Chief Information Officer
Signature: /s/ Christopher Kevane, attorney-in-fact for Lori B. Smith
Issuer symbol: UTI
Transactions as of: 08 Dec 2022
Net transactions value: -$9,649
Form type: 4/A - Amendment
Filing time: 10 Jan 2023, 18:29:40 UTC
Date Of Original Report: 12 Dec 2022
Previous filing: 24 Jan 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	+4,698	+16%	$0.000000	33,424	08 Dec 2022	Direct	F1, F2
transaction	UTI	Common Stock, $0.0001 par value	Tax liability	$9,649	-1,342	-4%	$7.19	32,082	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	-4,698	-33%	$0.000000	9,396	08 Dec 2022	Common Stock, $0.0001 par value	4,698		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.