0001261654-23-000127.txt : 20231213 0001261654-23-000127.hdr.sgml : 20231213 20231213091656 ACCESSION NUMBER: 0001261654-23-000127 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: Kevane Christopher E. CENTRAL INDEX KEY: 0001486632 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31923 FILM NUMBER: 231483097 MAIL ADDRESS: STREET 1: 9221 E. VIA DE VENTURA CITY: SCOTTSDALE STATE: AZ ZIP: 85258 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_1702477007.xml FORM 4 X0508 4 2023-12-08 0 0001261654 UNIVERSAL TECHNICAL INSTITUTE INC UTI 0001486632 Kevane Christopher E. 4225 E. WINDROSE DRIVE SUITE 200 PHOENIX AZ 85032 0 1 0 0 SVP Chief Legal Officer 0 Common Stock, $0.0001 par value 2023-12-08 4 M 0 6460 A 28378 D Common Stock, $0.0001 par value 2023-12-08 4 F 0 1800 11.88 D 26578 D Common Stock, $0.0001 par value 2023-12-08 4 M 0 8460 A 35038 D Common Stock, $0.0001 par value 2023-12-08 4 F 0 2357 11.88 D 32681 D Common Stock, $0.0001 par value 2023-12-10 4 M 0 7260 A 39941 D Common Stock, $0.0001 par value 2023-12-10 4 F 0 2022 11.88 D 37919 D Restricted Stock Units 2023-12-08 4 M 0 6460 0 D 2024-12-08 Common Stock, $0.0001 par value 6460 6460 D Restricted Stock Units 2023-12-08 4 M 0 8460 0 D Common Stock, $0.0001 par value 8460 16921 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 7260 0 D Common Stock, $0.0001 par value 7260 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 performance units granted on 12/10/2020. Share of Common Stock received from 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. Shares of Common Stock received from vesting of performance units granted on 12/10/2020. /s/ Christopher E. Kevane 2023-12-12