Pinkus David B 4
4 · UNIVERSAL TECHNICAL INSTITUTE INC · Filed Sep 17, 2009
Insider Transaction Report
Form 4
Pinkus David B
SVP Information Technology
Transactions
- Award
Common Stock, $0.0001 par value
2009-09-15+5,775→ 9,141 total - Award
Performance Shares
2009-09-15+1,442→ 1,442 totalExercise: $0.00From: 2010-11-15Exp: 2012-11-15→ Common Stock, $0.0001 par value (1,442 underlying)
Footnotes (2)
- [F1]Restrictions on the shares of restricted stock lapse ratably over four years.
- [F2]Each Performance Share represents a contingent right to receive one share of Universal Technical Institute, Inc. common stock. The Performance Shares vest upon achievement of certain performance criteria based on total shareholder return, with measurement periods on each of September 30, 2010, September 30, 2011 and September 30, 2012. Performance Shares will vest on each of November 15, 2010, November 15, 2011 and November 15, 2012. The actual number of shares of common stock issued at the time of vesting can range from 0% to 200% depending on the total shareholder return achieved in each specific measurement period.