Christine Kline - Dec 8, 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
Stock symbol
UTI
Transactions as of
Dec 8, 2023
Transactions value $
-$12,046
Form type
4
Date filed
12/13/2023, 09:25 AM
Previous filing
Dec 12, 2023
Next filing
Dec 18, 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 +1.09K +26.9% 5.12K Dec 8, 2023 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability -$3.6K -303 -5.92% $11.88 4.82K Dec 8, 2023 Direct F2
transaction UTI Common Stock, $0.0001 par value Options Exercise +1.39K +28.8% 6.2K Dec 8, 2023 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability -$4.6K -387 -6.24% $11.88 5.82K Dec 8, 2023 Direct F3
transaction UTI Common Stock, $0.0001 par value Options Exercise +1.16K +19.98% 6.98K Dec 10, 2023 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability -$3.85K -324 -4.64% $11.88 6.65K Dec 10, 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 -1.09K -50% $0.00 1.09K Dec 8, 2023 Common Stock, $0.0001 par value 1.09K Direct F1, F5
transaction UTI Restricted Stock Units Award $0 +4.74K $0.00 4.74K Dec 8, 2023 Common Stock, $0.0001 par value 4.74K Direct F1, F6
transaction UTI Restricted Stock Units Options Exercise $0 -1.39K -33.33% $0.00 2.78K Dec 8, 2023 Common Stock, $0.0001 par value 1.39K Direct F1, F7
transaction UTI Restricted Stock Units Options Exercise $0 -1.16K -100% $0.00* 0 Dec 10, 2023 Common Stock, $0.0001 par value 1.16K 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.