Form 4 for UTI UNIVERSAL TECHNICAL INSTITUTE INC
Accepted 2023-12-12 00:00:00 ET · period of report 2023-12-08 · accession 0001261654-23-000113 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-12-12 | 2023-12-08+ | UTI | Grant Jerome Alan | CEO, Dir | M - OptEx | $0.00 | +105.1K | 171.0K | +159% | $0 |
| DM | 2023-12-12 | 2023-12-08+ | UTI | Grant Jerome Alan | CEO, Dir | F - Tax | $11.88 | -43.4K | 151.8K | -22% | -$516.1K |
| DM | 2023-12-12 | 2023-12-08+ | UTI | Grant Jerome Alan | CEO, Dir | M - OptEx | $0.00 | -105.1K | 0 | -100% | $0 |
| DM | 2023-12-12 | 2023-12-08 | UTI | Grant Jerome Alan | CEO, Dir | A - Grant | $0.00 | +252.3K | 87.8K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $0.0001 par value | 2023-12-08 | M | A | 26,623 | $0.00 | 135,499 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. |
| 2 | Common | Common Stock, $0.0001 par value | 2023-12-08 | F | D | 11,007 | $11.88 | 124,492 | D | — | — | |
| 3 | Common | Common Stock, $0.0001 par value | 2023-12-10 | F | D | 13,208 | $11.88 | 170,500 | D | — | — | |
| 4 | Common | Common Stock, $0.0001 par value | 2023-12-08 | F | D | 19,231 | $11.88 | 151,768 | D | — | — | |
| 5 | Common | Common Stock, $0.0001 par value | 2023-12-10 | M | A | 31,940 | $0.00 | 183,708 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. |
| 6 | Common | Common Stock, $0.0001 par value | 2023-12-08 | M | A | 46,507 | $0.00 | 170,999 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. |
| 7 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 46,507 | $0.00 | 93,016 | D | — · — to — | 46,507 Common Stock, $0.0001 par value | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. (F3) The restricted stock units vest in three equal annual installments beginning on December 8, 2023. |
| 8 | Derivative | Performance Units | 2023-12-08 | A | A | 164,552 | $0.00 | 164,552 | D | — · — to — | 164,552 Common Stock, $0.0001 par value | (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. |
| 9 | Derivative | Restricted Stock Units | 2023-12-08 | A | A | 87,761 | $0.00 | 87,761 | D | — · — to — | 87,761 Common Stock, $0.0001 par value | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. (F4) The restricted stock units vest in three equal installments beginning on December 8, 2024. |
| 10 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 26,623 | $0.00 | 26,624 | D | — · — to — | 26,623 Common Stock, $0.0001 par value | (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. |
| 11 | Derivative | Restricted Stock Units | 2023-12-10 | M | D | 31,940 | $0.00 | 0 | D | — · — to — | 31,940 Common Stock, $0.0001 par value | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. (F6) The restricted stock units vest in three equal annual installments beginning on 12/10/2021. |