Christopher E. Kevane - Mar 2, 2023 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
SVP Chief Legal Officer
Signature
/s/ Christopher E. Kevane
Stock symbol
UTI
Transactions as of
Mar 2, 2023
Transactions value $
$0
Form type
4
Date filed
3/6/2023, 03:25 PM
Previous filing
Dec 13, 2022
Next filing
Dec 13, 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 +3.33K +16.89% $0.00 23K Mar 2, 2023 Direct F1, F2
transaction UTI Common Stock, $0.0001 par value Tax liability $0 -1.1K -4.79% $0.00 21.9K Mar 2, 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 -3.33K -100% $0.00* 0 Mar 2, 2023 Common Stock, $0.0001 par value 3.33K 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 03/02/2020.
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 3/2/2020.
F4 The restricted stock units vest in three equal annual installments beginning on March 2, 2021.