Smith Lori B 4

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

Form 4

Period: 2023-12-08

SVP Chief Information Officer

Transactions

Exercise/Conversion
Common Stock, $0.0001 par value
2023-12-10+4,646→ 50,607 total
Tax Payment
Common Stock, $0.0001 par value
2023-12-10$11.88/sh−1,294$15,373→ 49,313 total
Exercise/Conversion
Restricted Stock Units
2023-12-08−4,698→ 4,698 total
Exp: 2024-12-08→ Common Stock, $0.0001 par value (4,698 underlying)
Award
Restricted Stock Units
2023-12-08+9,488→ 9,488 total
→ Common Stock, $0.0001 par value (9,488 underlying)
Exercise/Conversion
Common Stock, $0.0001 par value
2023-12-08+4,698→ 42,672 total
Award
Performance Units
2023-12-08+17,790→ 17,790 total
→ Common Stock, $0.0001 par value (17,790 underlying)
Exercise/Conversion
Restricted Stock Units
2023-12-08−6,374→ 19,109 total
→ Common Stock, $0.0001 par value (6,374 underlying)
Tax Payment
Common Stock, $0.0001 par value
2023-12-08$11.88/sh−1,309$15,551→ 41,363 total
Exercise/Conversion
Common Stock, $0.0001 par value
2023-12-08+6,374→ 47,737 total
Tax Payment
Common Stock, $0.0001 par value
2023-12-08$11.88/sh−1,776$21,099→ 45,961 total
Exercise/Conversion
Restricted Stock Units
2023-12-10−4,646→ 0 total
→ Common Stock, $0.0001 par value (4,646 underlying)

Footnotes (9)

[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 12/08/2021.
[F3]Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/8/2022.
[F4]Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/10/2020.
[F5]Vesting of restricted stock units granted on 12/08/2021.
[F6]Vesting of restricted stock units granted on 12/08/2022.
[F7]The restricted stock units vest in three equal installments beginning on December 8, 2024.
[F8]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.
[F9]The restricted stock units vest in three equal annual installments beginning on 12/10/2021.

Documents

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