Christine Kline - 08 Dec 2023 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
Chief Accounting Officer
Signature
/s/ Christopher Kevane, attorney-in-fact for Christine Kline
Issuer symbol
UTI
Transactions as of
08 Dec 2023
Net transactions value
-$12,046
Form type
4
Filing time
13 Dec 2023, 09:25:29 UTC
Previous filing
12 Dec 2023
Next filing
18 Dec 2023
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 +1,085 +27% 5,119 08 Dec 2023 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability $3,600 -303 -5.9% $11.88 4,816 08 Dec 2023 Direct F2
transaction UTI Common Stock, $0.0001 par value Options Exercise +1,387 +29% 6,203 08 Dec 2023 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability $4,598 -387 -6.2% $11.88 5,816 08 Dec 2023 Direct F3
transaction UTI Common Stock, $0.0001 par value Options Exercise +1,162 +20% 6,978 10 Dec 2023 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability $3,849 -324 -4.6% $11.88 6,654 10 Dec 2023 Direct F4

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 -1,085 -50% $0.000000 1,085 08 Dec 2023 Common Stock, $0.0001 par value 1,085 Direct F1, F5
transaction UTI Restricted Stock Units Award $0 +4,744 $0.000000 4,744 08 Dec 2023 Common Stock, $0.0001 par value 4,744 Direct F1, F6
transaction UTI Restricted Stock Units Options Exercise $0 -1,387 -33% $0.000000 2,775 08 Dec 2023 Common Stock, $0.0001 par value 1,387 Direct F1, F7
transaction UTI Restricted Stock Units Options Exercise $0 -1,162 -100% $0.000000* 0 10 Dec 2023 Common Stock, $0.0001 par value 1,162 Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock.
F2 Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/08/2021.
F3 Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/8/2022.
F4 Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/10/2020.
F5 Vesting of restricted stock units granted on 12/08/2021.
F6 The restricted stock units vest in three equal installments beginning on December 8, 2024.
F7 Vesting of restricted stock units granted on 12/08/2022.
F8 Shares of Common Stock received from vesting of restricted stock units granted on 12/10/2020.