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4//SEC Filing

Hitchcock Todd A 4

Accession 0001261654-23-000125

CIK 0001261654other

View on SEC.gov Company Profile

Filed

Dec 12, 7:00 PM ET

Accepted

Dec 13, 9:13 AM ET

Size

23.0 KB

Accession

0001261654-23-000125

Insider Transaction Report

Form 4

Period: 2023-12-08

UNIVERSAL TECHNICAL INSTITUTE INCUTI

Hitchcock Todd A

EVP/COO

Transactions

Exercise/Conversion
Common Stock, $0.0001 par value
2023-12-08+8,695→ 35,348 total
Award
Restricted Stock Units
2023-12-08+17,790→ 17,790 total
→ Common Stock, $0.0001 par value (17,790 underlying)
Exercise/Conversion
Common Stock, $0.0001 par value
2023-12-08+6,577→ 28,255 total
Tax Payment
Common Stock, $0.0001 par value
2023-12-08$11.88/sh−1,602$19,032→ 26,653 total
Exercise/Conversion
Common Stock, $0.0001 par value
2023-12-10+5,213→ 38,443 total
Exercise/Conversion
Restricted Stock Units
2023-12-08−8,695→ 17,392 total
→ Common Stock, $0.0001 par value (8,695 underlying)
Tax Payment
Common Stock, $0.0001 par value
2023-12-08$11.88/sh−2,118$25,162→ 33,230 total
Tax Payment
Common Stock, $0.0001 par value
2023-12-10$11.88/sh−1,270$15,088→ 37,173 total
Exercise/Conversion
Restricted Stock Units
2023-12-08−6,577→ 6,578 total
Exp: 2024-12-08→ Common Stock, $0.0001 par value (6,577 underlying)
Exercise/Conversion
Restricted Stock Units
2023-12-10−5,213→ 0 total
→ Common Stock, $0.0001 par value (5,213 underlying)
Award
Performance Units
2023-12-08+33,357→ 33,357 total
→ Common Stock, $0.0001 par value (33,357 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

1 file

4
wk-form4_1702476809.xmlPrimary
FORM 4

Issuer

UNIVERSAL TECHNICAL INSTITUTE INC

CIK 0001261654

Entity typeother

Related Parties

1

filerCIK 0001799015

Filing Metadata

Form type: 4
Filed: Dec 12, 7:00 PM ET
Accepted: Dec 13, 9:13 AM ET
Size: 23.0 KB

View on SEC.gov