0001261654-23-000123.txt : 20231213
0001261654-23-000123.hdr.sgml : 20231213
20231213090406
ACCESSION NUMBER: 0001261654-23-000123
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231208
FILED AS OF DATE: 20231213
DATE AS OF CHANGE: 20231213
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Smith Lori B
CENTRAL INDEX KEY: 0001799017
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31923
FILM NUMBER: 231483077
MAIL ADDRESS:
STREET 1: 16220 N SCOTTSDALE RD
STREET 2: SUITE 500
CITY: SCOTTSDALE
STATE: AZ
ZIP: 85254
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: UNIVERSAL TECHNICAL INSTITUTE INC
CENTRAL INDEX KEY: 0001261654
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200]
IRS NUMBER: 860226984
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 4225 EAST WINDROSE DRIVE
STREET 2: SUITE 200
CITY: PHOENIX
STATE: AZ
ZIP: 85032
BUSINESS PHONE: 623-445-9500
MAIL ADDRESS:
STREET 1: 4225 EAST WINDROSE DRIVE
STREET 2: SUITE 200
CITY: PHOENIX
STATE: AZ
ZIP: 85032
4
1
wk-form4_1702476238.xml
FORM 4
X0508
4
2023-12-08
0
0001261654
UNIVERSAL TECHNICAL INSTITUTE INC
UTI
0001799017
Smith Lori B
4225 E. WINDROSE DRIVE
SUITE 200
PHOENIX
AZ
85032
0
1
0
0
SVP Chief Information Officer
0
Common Stock, $0.0001 par value
2023-12-08
4
M
0
4698
A
42672
D
Common Stock, $0.0001 par value
2023-12-08
4
F
0
1309
11.88
D
41363
D
Common Stock, $0.0001 par value
2023-12-08
4
M
0
6374
A
47737
D
Common Stock, $0.0001 par value
2023-12-08
4
F
0
1776
11.88
D
45961
D
Common Stock, $0.0001 par value
2023-12-10
4
M
0
4646
A
50607
D
Common Stock, $0.0001 par value
2023-12-10
4
F
0
1294
11.88
D
49313
D
Restricted Stock Units
2023-12-08
4
M
0
4698
0
D
2024-12-08
Common Stock, $0.0001 par value
4698
4698
D
Restricted Stock Units
2023-12-08
4
M
0
6374
0
D
Common Stock, $0.0001 par value
6374
19109
D
Restricted Stock Units
2023-12-08
4
A
0
9488
0
A
Common Stock, $0.0001 par value
9488
9488
D
Performance Units
2023-12-08
4
A
0
17790
0
A
Common Stock, $0.0001 par value
17790
17790
D
Restricted Stock Units
2023-12-10
4
M
0
4646
0
D
Common Stock, $0.0001 par value
4646
0
D
Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock.
Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/08/2021.
Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/8/2022.
Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/10/2020.
Vesting of restricted stock units granted on 12/08/2021.
Vesting of restricted stock units granted on 12/08/2022.
The restricted stock units vest in three equal installments beginning on December 8, 2024.
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.
The restricted stock units vest in three equal annual installments beginning on 12/10/2021.
/s/ Christopher Kevane, attorney-in-fact for Lori B. Smith
2023-12-12