0001261654-23-000125.txt : 20231213 0001261654-23-000125.hdr.sgml : 20231213 20231213091339 ACCESSION NUMBER: 0001261654-23-000125 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: Hitchcock Todd A CENTRAL INDEX KEY: 0001799015 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31923 FILM NUMBER: 231483089 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_1702476809.xml FORM 4 X0508 4 2023-12-08 0 0001261654 UNIVERSAL TECHNICAL INSTITUTE INC UTI 0001799015 Hitchcock Todd A 4225 E. WINDROSE DRIVE SUITE 200 PHOENIX AZ 85032 0 1 0 0 SVP Chief Strategy & Transform 0 Common Stock, $0.0001 par value 2023-12-08 4 M 0 6577 A 28255 D Common Stock, $0.0001 par value 2023-12-08 4 F 0 1602 11.88 D 26653 D Common Stock, $0.0001 par value 2023-12-08 4 M 0 8695 A 35348 D Common Stock, $0.0001 par value 2023-12-08 4 F 0 2118 11.88 D 33230 D Common Stock, $0.0001 par value 2023-12-10 4 M 0 5213 A 38443 D Common Stock, $0.0001 par value 2023-12-10 4 F 0 1270 11.88 D 37173 D Restricted Stock Units 2023-12-08 4 M 0 6577 0 D 2024-12-08 Common Stock, $0.0001 par value 6577 6578 D Restricted Stock Units 2023-12-08 4 M 0 8695 0 D Common Stock, $0.0001 par value 8695 17392 D Restricted Stock Units 2023-12-08 4 A 0 17790 0 A Common Stock, $0.0001 par value 17790 17790 D Performance Units 2023-12-08 4 A 0 33357 0 A Common Stock, $0.0001 par value 33357 33357 D Restricted Stock Units 2023-12-10 4 M 0 5213 0 D Common Stock, $0.0001 par value 5213 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 Todd A. Hitchcock 2023-12-12