Severson Eric 4
4 · UNIVERSAL TECHNICAL INSTITUTE INC · Filed Jan 10, 2023
Insider Transaction Report
Form 4
Severson Eric
SVP Admissions
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-01-07−3,849→ 0 total→ Common Stock, $0.0001 par value (3,849 underlying) - Tax Payment
Common Stock, $0.0001 par value
2023-01-07$6.71/sh−1,238$8,307→ 30,246 total - Exercise/Conversion
Common Stock, $0.0001 par value
2023-01-07+3,849→ 31,484 total
Footnotes (4)
- [F1]Shares of Common Stock received from vesting of restricted stock units granted on 1/7/2020.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F3]Shares withheld to satisfy tax liability for the vesting of performance units granted on 1/7/2020.
- [F4]On January 7, 2020, the reporting person was granted restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.