Lori B. Smith - Dec 8, 2023 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
Stock symbol
UTI
Transactions as of
Dec 8, 2023
Transactions value $
-$52,023
Form type
4/A - Amendment
Date filed
12/13/2023, 10:03 AM
Date Of Original Report
Dec 12, 2023
Previous filing
Jan 10, 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 +4.7K +12.37% 42.7K Dec 8, 2023 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability -$15.6K -1.31K -3.07% $11.88 41.4K Dec 8, 2023 Direct F2
transaction UTI Common Stock, $0.0001 par value Options Exercise +6.37K +15.41% 47.7K Dec 8, 2023 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability -$21.1K -1.78K -3.72% $11.88 46K Dec 8, 2023 Direct F3
transaction UTI Common Stock, $0.0001 par value Options Exercise +4.65K +10.11% 50.6K Dec 10, 2023 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability -$15.4K -1.29K -2.56% $11.88 49.3K 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 -4.7K -50% $0.00 4.7K Dec 8, 2023 Common Stock, $0.0001 par value 4.7K Direct F1, F5
transaction UTI Restricted Stock Units Options Exercise $0 -6.37K -33.33% $0.00 12.7K Dec 8, 2023 Common Stock, $0.0001 par value 6.37K Direct F1, F6
transaction UTI Restricted Stock Units Award $0 +9.49K $0.00 9.49K Dec 8, 2023 Common Stock, $0.0001 par value 9.49K Direct F1, F7
transaction UTI Performance Units Award $0 +17.8K $0.00 17.8K Dec 8, 2023 Common Stock, $0.0001 par value 17.8K Direct F8
transaction UTI Restricted Stock Units Options Exercise $0 -4.65K -100% $0.00* 0 Dec 10, 2023 Common Stock, $0.0001 par value 4.65K Direct F1, F9
* 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 Share of Common Stock received from vesting of restricted stock units granted on 12/08/2021.
F6 Share of Common Stock received from vesting of restricted stock units granted on 12/8/2022.
F7 The restricted stock units vest in three equal installments beginning on December 8, 2024.
F8 Each performance unit represents a contingent right to receive one share of the UTI Common Stock, 60% of which vest based on revenue for the fiscal year ending September 30, 2026 and 40% of which vest based on adjusted EBITDA for the fiscal year ending September 30, 2026.
F9 Shares of Common Stock received from vesting of restricted stock units granted on 12/10/2020.