Frank Carolyn Ann 4
4 · UNIVERSAL TECHNICAL INSTITUTE INC · Filed Jan 17, 2024
Insider Transaction Report
Form 4
Frank Carolyn Ann
SVP/Chief HR Officer
Transactions
- Award
Performance Units
2024-01-16+19,644→ 19,644 total→ Common Stock, $0.0001 par value (19,644 underlying) - Award
Restricted Stock Units
2024-01-16+19,645→ 19,645 total→ Common Stock, $0.0001 par value (19,645 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock.
- [F2]The restricted stock units vest in three equal annual installments beginning on January 16, 2025.
- [F3]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.