0001261654-22-000030.txt : 20220118 0001261654-22-000030.hdr.sgml : 20220118 20220118185146 ACCESSION NUMBER: 0001261654-22-000030 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: Grant Jerome Alan CENTRAL INDEX KEY: 0001723537 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31923 FILM NUMBER: 22536311 MAIL ADDRESS: STREET 1: 16220 N. SCOTTSDALE RD., SUITE 100 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_164254989050412.xml FORM 4 X0306 4 2022-01-13 0 0001261654 UNIVERSAL TECHNICAL INSTITUTE INC UTI 0001723537 Grant Jerome Alan 4225 E. WINDROSE DRIVE SUITE 200 PHOENIX AZ 85032 0 1 0 0 Chief Executive Officer Common Stock, $0.0001 par value 2022-01-13 4 M 0 6701 0 A 109961 D Performance Units 2022-01-13 4 M 0 6701 0 D Common Stock, $0.0001 par value 6701.0 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 was adjusted by the 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 Jerome A Grant 2022-01-18