Form 4 for UTI UNIVERSAL TECHNICAL INSTITUTE INC
Accepted 2023-12-12 00:00:00 ET · period of report 2023-12-08 · accession 0001261654-23-000115 · 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 | Anderson Troy R | EVP, CFO | M - OptEx | $0.00 | +43.1K | 58.8K | +274% | $0 |
| DM | 2023-12-12 | 2023-12-08+ | UTI | Anderson Troy R | EVP, CFO | F - Tax | $11.88 | -11.8K | 69.5K | -15% | -$140.1K |
| DM | 2023-12-12 | 2023-12-08 | UTI | Anderson Troy R | EVP, CFO | A - Grant | $0.00 | +92.1K | 32.0K | New | $0 |
| DM | 2023-12-12 | 2023-12-08+ | UTI | Anderson Troy R | EVP, CFO | M - OptEx | $0.00 | -43.1K | 13.2K | -77% | $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 | 19,688 | $0.00 | 74,922 | 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 | 2023-12-10 | M | A | 10,258 | $0.00 | 79,795 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. |
| 3 | Common | Common Stock, $0.0001 par value | 2023-12-10 | F | D | 2,806 | $11.88 | 76,989 | D | — | — | (F4) Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/10/2020. |
| 4 | Common | Common Stock, $0.0001 par value | 2023-12-08 | F | D | 3,605 | $11.88 | 55,234 | D | — | — | (F2) Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/08/2021. |
| 5 | Common | Common Stock, $0.0001 par value | 2023-12-08 | M | A | 13,179 | $0.00 | 58,839 | 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 | F | D | 5,385 | $11.88 | 69,537 | D | — | — | (F3) Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/8/2022. |
| 7 | Derivative | Performance Units | 2023-12-08 | A | A | 60,040 | $0.00 | 60,040 | D | — · — to — | 60,040 Common Stock, $0.0001 par value | (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. |
| 8 | Derivative | Restricted Stock Units | 2023-12-10 | M | D | 10,258 | $0.00 | 0 | D | $0.00 · — to — | 10,258 Common Stock, $0.0001 par value | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. (F9) Shares of Common Stock received from vesting of restricted stock units granted on 12/10/2020. |
| 9 | Derivative | Restricted Stock Units | 2023-12-08 | A | A | 32,021 | $0.00 | 32,021 | D | — · — to — | 32,021 Common Stock, $0.0001 par value | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. (F7) The restricted stock units vest in three equal installments beginning on December 8, 2024. |
| 10 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 19,688 | $0.00 | 39,376 | D | $0.00 · — to — | 19,688 Common Stock, $0.0001 par value | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. (F6) Share of Common Stock received from vesting of restricted stock units granted on 12/8/2022. |
| 11 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 13,179 | $0.00 | 13,179 | D | — · — to 2024-12-08 | 13,179 Common Stock, $0.0001 par value | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. (F5) Share of Common Stock received from vesting of restricted stock units granted on 12/08/2021. |