4//SEC Filing
Peterson Bryce H 4
Accession 0001209191-17-053081
CIK 0001261654other
Filed
Sep 14, 8:00 PM ET
Accepted
Sep 15, 8:10 PM ET
Size
8.7 KB
Accession
0001209191-17-053081
Insider Transaction Report
Form 4
Peterson Bryce H
VP Information Technology
Transactions
- Award
Performance Units
2017-09-13+25,909→ 25,909 totalExp: 2019-09-13→ Common Stock (25,909 underlying) - Award
Performance Cash
2017-09-13Exp: 2019-09-13→ Cash
Footnotes (2)
- [F1]Each performance unit represents a contingent right to receive one share of the Company's common stock, which vests based on the 2-year compound annual total shareholder return ("TSR"). For purposes of determining the TSR, the change in the price of the Company's common stock is based upon the 30-trading day average closing stock price (i) immediately preceding the grant date at the beginning of the performance period, and (ii) immediately preceding the second anniversary of the grant date at the end of the performance period. The number represents the maximum number of shares that may be delivered pursuant to the award, which is 150% of the target number of shares.
- [F2]Represents a contingent right to receive cash, which vests based on the 2-year compound annual TSR. For purposes of determining the TSR, the change in the price of the Company's common stock is based upon the 30-trading day average closing stock price (i) immediately preceding the grant date at the beginning of the performance period, and (ii) immediately preceding the second anniversary of the grant date at the end of the performance period. The amount represents the maximum amount of cash that may be delivered pursuant to the award, which is 150% of the target amount of cash.
Documents
Issuer
UNIVERSAL TECHNICAL INSTITUTE INC
CIK 0001261654
Entity typeother
Related Parties
1- filerCIK 0001537809
Filing Metadata
- Form type
- 4
- Filed
- Sep 14, 8:00 PM ET
- Accepted
- Sep 15, 8:10 PM ET
- Size
- 8.7 KB