Form 4 for UTI UNIVERSAL TECHNICAL INSTITUTE INC
Accepted 2023-12-12 00:00:00 ET · period of report 2023-12-08 · accession 0001261654-23-000117 · 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 | Smith Sherrell | EVP, Campus Ops, Services | F - Tax | $11.88 | -10.8K | 196.7K | -5% | -$128.9K |
| DM | 2023-12-12 | 2023-12-08+ | UTI | Smith Sherrell | EVP, Campus Ops, Services | M - OptEx | — | +26.0K | 204.5K | +15% | — |
| DM | 2023-12-12 | 2023-12-08+ | UTI | Smith Sherrell | EVP, Campus Ops, Services | M - OptEx | $0.00 | -26.0K | 7,331 | -78% | $0 |
| DM | 2023-12-12 | 2023-12-08 | UTI | Smith Sherrell | EVP, Campus Ops, Services | A - Grant | $0.00 | +51.1K | 17.8K | 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 | 2023-12-10 | F | D | 3,287 | $11.88 | 201,220 | D | — | — | (F4) Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/10/2020. |
| 2 | Common | Common Stock, $0.0001 par value | 2023-12-08 | M | A | 7,331 | — | 193,386 | 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 | 2023-12-08 | F | D | 3,028 | $11.88 | 190,358 | D | — | — | (F2) Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/08/2021. |
| 4 | Common | Common Stock, $0.0001 par value | 2023-12-08 | M | A | 10,830 | — | 201,188 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. |
| 5 | Common | Common Stock, $0.0001 par value | 2023-12-08 | F | D | 4,533 | $11.88 | 196,655 | D | — | — | (F3) Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/8/2022. |
| 6 | Common | Common Stock, $0.0001 par value | 2023-12-10 | M | A | 7,852 | — | 204,507 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. |
| 7 | Derivative | Restricted Stock Units | 2023-12-10 | M | D | 7,852 | $0.00 | 0 | D | — · — to — | 7,852 Common Stock, $0.0001 par value | (F5) Each restricted stock unit represents a contingent right to receive one share of Common Stock. (F10) The restricted stock units vest in three equal annual installments beginning on 12/10/2021. |
| 8 | Derivative | Performance Units | 2023-12-08 | A | A | 33,357 | $0.00 | 33,357 | D | — · — to — | 33,357 Common Stock, $0.0001 par value | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. (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. |
| 9 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 10,830 | $0.00 | 21,660 | D | — · — to — | 10,830 Common Stock, $0.0001 par value | (F5) Each restricted stock unit represents a contingent right to receive one share of Common Stock. (F7) Vesting of restricted stock units granted on 12/08/2022. |
| 10 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 7,331 | $0.00 | 7,331 | D | — · — to — | 7,331 Common Stock, $0.0001 par value | (F5) Each restricted stock unit represents a contingent right to receive one share of Common Stock. (F6) Vesting of restricted stock units granted on 12/08/2021. |
| 11 | Derivative | Restricted Stock Units | 2023-12-08 | A | A | 17,790 | $0.00 | 17,790 | D | — · — to — | 17,790 Common Stock, $0.0001 par value | (F5) Each restricted stock unit represents a contingent right to receive one share of Common Stock. (F9) The restricted stock units vest in three equal installments beginning on December 8, 2024. |