Prehn Kevin 4

4 · UNIVERSAL TECHNICAL INSTITUTE INC · Filed Dec 13, 2023

Form 4

Period: 2023-12-08

Concorde Division President

Transactions

Tax Payment
Common Stock, $0.0001 par value
2023-12-08$11.88/sh−315$3,742→ 845 total
Exercise/Conversion
Restricted Stock Units
2023-12-08−1,160→ 2,320 total
→ Common Stock, $0.0001 par value (1,160 underlying)
Award
Restricted Stock Units
2023-12-08+28,464→ 28,464 total
→ Common Stock, $0.0001 par value (28,464 underlying)
Award
Performance Units
2023-12-08+53,370→ 53,370 total
→ Common Stock, $0.0001 par value (53,370 underlying)
Exercise/Conversion
Common Stock, $0.0001 par value
2023-12-08+1,160→ 1,160 total

Footnotes (5)

[F1]Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock.
[F2]Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/8/2022.
[F3]The restricted stock units vest in three equal annual installments beginning on December 8, 2023.
[F4]Vesting of restricted stock units granted on 12/08/2022.
[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.

Documents

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