Form 4 for UTI UNIVERSAL TECHNICAL INSTITUTE INC
Accepted 2023-12-13 00:00:00 ET · period of report 2023-12-08 · accession 0001261654-23-000127 · 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 | 2023-12-13 | 2023-12-08+ | UTI | Kevane Christopher E. | SVP CLO | M - OptEx | — | +22.2K | 28.4K | +358% | — |
| DM | 2023-12-13 | 2023-12-08+ | UTI | Kevane Christopher E. | SVP CLO | F - Tax | $11.88 | -6,179 | 26.6K | -19% | -$73.4K |
| DM | 2023-12-13 | 2023-12-08 | UTI | Kevane Christopher E. | SVP CLO | A - Grant | $0.00 | +51.1K | 17.8K | New | $0 |
| DM | 2023-12-13 | 2023-12-08+ | UTI | Kevane Christopher E. | SVP CLO | M - OptEx | $0.00 | -22.2K | 0 | -100% | $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 | M | A | 7,260 | — | 39,941 | 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 | F | D | 2,022 | $11.88 | 37,919 | D | — | — | (F4) Shares withheld to satisfy tax liability for the vesting of performance units granted on 12/10/2020. |
| 3 | Common | Common Stock, $0.0001 par value | 2023-12-08 | F | D | 2,357 | $11.88 | 32,681 | D | — | — | (F3) Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/8/2022. |
| 4 | Common | Common Stock, $0.0001 par value | 2023-12-08 | M | A | 8,460 | — | 35,038 | 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 | 1,800 | $11.88 | 26,578 | D | — | — | (F2) Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/08/2021. |
| 6 | Common | Common Stock, $0.0001 par value | 2023-12-08 | M | A | 6,460 | — | 28,378 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. |
| 7 | Derivative | Performance Units | 2023-12-08 | A | A | 33,357 | $0.00 | 33,357 | D | — · — to — | 33,357 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 | 2023-12-08 | A | A | 17,790 | $0.00 | 17,790 | D | — · — to — | 17,790 Common Stock, $0.0001 par value | (F7) The restricted stock units vest in three equal installments beginning on December 8, 2024. |
| 9 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 8,460 | $0.00 | 16,921 | D | — · — to — | 8,460 Common Stock, $0.0001 par value | (F1) Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock. (F6) Vesting of restricted stock units granted on 12/08/2022. |
| 10 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 6,460 | $0.00 | 6,460 | D | — · — to 2024-12-08 | 6,460 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. |
| 11 | Derivative | Restricted Stock Units | 2023-12-10 | M | D | 7,260 | $0.00 | 0 | D | — · — to — | 7,260 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 performance units granted on 12/10/2020. |