0001261654-22-000016.txt : 20220118
0001261654-22-000016.hdr.sgml : 20220118
20220118182618
ACCESSION NUMBER: 0001261654-22-000016
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220113
FILED AS OF DATE: 20220118
DATE AS OF CHANGE: 20220118
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: 22536229
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
wf-form4_164254835320556.xml
FORM 4
X0306
4
2022-01-13
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
Common Stock, $0.0001 par value
2022-01-13
4
M
0
993
0
A
10349
D
Performance Units
2022-01-13
4
M
0
993
0
D
Common Stock, $0.0001 par value
993.0
0
D
Each performance unit represents a contingent right to receive one share of the Company's Common Stock, $0.0001, 60% of which vested based on revenue and 40% of which vested based on income from operations for the fiscal year ended September 30, 2021, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier. For purposes of determining the TSR, the change in the price of the Company's common stock was based upon the 30-trading day average closing stock price (i) ending on and including the grant date of January 7, 2020, and (ii) ending on and including the last day of the Performance Period, or January 6, 2022. The number of shares delivered is equal to 8.6% performance achievement pursuant to the terms of the award and was approved by the Compensation Committee of the Board of Directors on January 13, 2022 per the terms of the award.
/s/ Christopher Kevane, attorney-in-fact for Todd A. Hitchcock
2022-01-18