Riggs Thomas E 4
4 · UNIVERSAL TECHNICAL INSTITUTE INC · Filed Nov 17, 2011
Insider Transaction Report
Form 4
Riggs Thomas E
SVP Campus Operations
Transactions
- Tax Payment
Common Stock, $0.0001 par value
2011-11-15$14.37/sh−50$719→ 44,170 total - Exercise/Conversion
Common Stock, $0.0001 par value
2011-11-15$14.37/sh+157$2,256→ 44,220 total - Exercise/Conversion
Performance Shares
2011-11-15−157→ 579 totalExercise: $0.00From: 2011-11-15Exp: 2012-11-15→ Common Stock, $0.0001 par value (157 underlying)
Footnotes (3)
- [F1]The Compensation Committee approved a 25% payout of the second tranche of performance units based on UTI's relative total shareholder return as measured on September 30, 2011.
- [F2]Shares withheld to satisfy tax liability.
- [F3]Amount reduced by the unearned performance shares forfeited due to UTI's relative total shareholder return as measured on September 30, 2011.