Form 4 for UTI UNIVERSAL TECHNICAL INSTITUTE INC
Accepted 2023-12-13 00:00:00 ET · period of report 2023-12-08 · accession 0001261654-23-000119 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-12-13 | 2023-12-08 | UTI | Prehn Kevin | Concorde Division Pres | M - OptEx | $0.00 | +1,160 | 1,160 | New | $0 |
| D | 2023-12-13 | 2023-12-08 | UTI | Prehn Kevin | Concorde Division Pres | F - Tax | $11.88 | -315 | 845 | -27% | -$3,742 |
| D | 2023-12-13 | 2023-12-08 | UTI | Prehn Kevin | Concorde Division Pres | M - OptEx | $0.00 | -1,160 | 2,320 | -33% | $0 |
| DM | 2023-12-13 | 2023-12-08 | UTI | Prehn Kevin | Concorde Division Pres | A - Grant | $0.00 | +81.8K | 53.4K | 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 | 1,160 | $0.00 | 1,160 | 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 | 315 | $11.88 | 845 | D | — | — | (F2) Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/8/2022. |
| 3 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 1,160 | $0.00 | 2,320 | D | — · — to — | 1,160 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. |
| 4 | Derivative | Restricted Stock Units | 2023-12-08 | A | A | 28,464 | $0.00 | 28,464 | D | — · — to — | 28,464 Common Stock, $0.0001 par value | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. (F4) Vesting of restricted stock units granted on 12/08/2022. |
| 5 | Derivative | Performance Units | 2023-12-08 | A | A | 53,370 | $0.00 | 53,370 | D | — · — to — | 53,370 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. |