Bart Fesperman - Sep 15, 2023 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Signature
/s/ Bart Fesperman, by Christopher Kevane, as Attorney-in-Fact
Stock symbol
UTI
Transactions as of
Sep 15, 2023
Transactions value $
-$8,436
Form type
4
Date filed
9/19/2023, 06:05 PM
Previous filing
Dec 13, 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 +3.78K +23.2% $0.00 20.1K Sep 15, 2023 Direct F1, F2
transaction UTI Common Stock, $0.0001 par value Tax liability -$8.44K -996 -4.96% $8.47 19.1K Sep 15, 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 -3.78K -100% $0.00* 0 Sep 15, 2023 Common Stock, $0.0001 par value 3.78K 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 Commons Stock received from vesting of restricted stock units granted on 9/15/2020.
F2 Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock.
F3 Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 9/15/2020.
F4 On September 15, 2020, the reporting person was granted restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.