Grant Jerome Alan 4
4 · UNIVERSAL TECHNICAL INSTITUTE INC · Filed Dec 12, 2023
Insider Transaction Report
Form 4
Grant Jerome Alan
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock, $0.0001 par value
2023-12-08$11.88/sh−19,231$228,464→ 151,768 total - Exercise/Conversion
Restricted Stock Units
2023-12-08−46,507→ 93,016 total→ Common Stock, $0.0001 par value (46,507 underlying) - Exercise/Conversion
Restricted Stock Units
2023-12-10−31,940→ 0 total→ Common Stock, $0.0001 par value (31,940 underlying) - Exercise/Conversion
Common Stock, $0.0001 par value
2023-12-08+26,623→ 135,499 total - Tax Payment
Common Stock, $0.0001 par value
2023-12-08$11.88/sh−11,007$130,763→ 124,492 total - Exercise/Conversion
Common Stock, $0.0001 par value
2023-12-08+46,507→ 170,999 total - Tax Payment
Common Stock, $0.0001 par value
2023-12-10$11.88/sh−13,208$156,911→ 170,500 total - Award
Restricted Stock Units
2023-12-08+87,761→ 87,761 total→ Common Stock, $0.0001 par value (87,761 underlying) - Award
Performance Units
2023-12-08+164,552→ 164,552 total→ Common Stock, $0.0001 par value (164,552 underlying) - Exercise/Conversion
Common Stock, $0.0001 par value
2023-12-10+31,940→ 183,708 total - Exercise/Conversion
Restricted Stock Units
2023-12-08−26,623→ 26,624 total→ Common Stock, $0.0001 par value (26,623 underlying)
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock.
- [F2]Share of Common Stock received from vesting of restricted stock units on 12/08/2021.
- [F3]The restricted stock units vest in three equal annual installments beginning on December 8, 2023.
- [F4]The restricted stock units vest in three equal installments beginning on December 8, 2024.
- [F5]Each performance unit represents a contingent right to receive one share of the UTI Common Stock, 60% of which vest based on revenue for the fiscal year ending September 30, 2026 and 40% of which vest based on adjusted EBITDA for the fiscal year ending September 30, 2026.
- [F6]The restricted stock units vest in three equal annual installments beginning on 12/10/2021.