Tracy K. Lorenz - 24 May 2024 Form 4 Insider Report for UNIVERSAL TECHNICAL INSTITUTE INC (UTI)

Role
UTI Division President
Signature
/s/ Tracy K. Lorenz, by Christopher Kevane, as Attorney-in-Fact
Issuer symbol
UTI
Transactions as of
24 May 2024
Net transactions value
-$33,964
Form type
4
Filing time
29 May 2024, 15:29:37 UTC
Previous filing
13 Dec 2023
Next filing
10 Dec 2024
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 $0 +5,349 $0.000000 5,349 24 May 2024 Direct F1
transaction UTI Common Stock, $0.0001 par value Tax liability $33,964 -2,217 -41% $15.32 3,132 24 May 2024 Direct F2

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 -5,349 -24% $0.000000 17,350 24 May 2024 Common Stock, $0.0001 par value 5,349 Direct F1, F3
* 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 05/25/2023.
F3 Vesting of restricted stock units granted on 05/24/2023.