0001261654-23-000117.txt : 20231212
0001261654-23-000117.hdr.sgml : 20231212
20231212214103
ACCESSION NUMBER: 0001261654-23-000117
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231208
FILED AS OF DATE: 20231212
DATE AS OF CHANGE: 20231212
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Smith Sherrell
CENTRAL INDEX KEY: 0001371105
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31923
FILM NUMBER: 231482828
BUSINESS ADDRESS:
BUSINESS PHONE: 623-445-9500
MAIL ADDRESS:
STREET 1: 20410 NORTH 19TH AVENUE S-200
CITY: PHOENIX
STATE: AZ
ZIP: 85027
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_1702435254.xml
FORM 4
X0508
4
2023-12-08
0
0001261654
UNIVERSAL TECHNICAL INSTITUTE INC
UTI
0001371105
Smith Sherrell
4225 E. WINDROSE DRIVE
SUITE 200
PHOENIX
AZ
85032
0
1
0
0
EVP, Campus Ops & Services
0
Common Stock, $0.0001 par value
2023-12-08
4
M
0
7331
A
193386
D
Common Stock, $0.0001 par value
2023-12-08
4
F
0
3028
11.88
D
190358
D
Common Stock, $0.0001 par value
2023-12-08
4
M
0
10830
A
201188
D
Common Stock, $0.0001 par value
2023-12-08
4
F
0
4533
11.88
D
196655
D
Common Stock, $0.0001 par value
2023-12-10
4
M
0
7852
A
204507
D
Common Stock, $0.0001 par value
2023-12-10
4
F
0
3287
11.88
D
201220
D
Restricted Stock Units
2023-12-08
4
M
0
7331
0
D
Common Stock, $0.0001 par value
7331
7331
D
Restricted Stock Units
2023-12-08
4
M
0
10830
0
D
Common Stock, $0.0001 par value
10830
21660
D
Performance Units
2023-12-08
4
A
0
33357
0
A
Common Stock, $0.0001 par value
33357
33357
D
Restricted Stock Units
2023-12-08
4
A
0
17790
0
A
Common Stock, $0.0001 par value
17790
17790
D
Restricted Stock Units
2023-12-10
4
M
0
7852
0
D
Common Stock, $0.0001 par value
7852
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.
Each restricted stock unit represents a contingent right to receive one share of Common Stock.
Vesting of restricted stock units granted on 12/08/2021.
Vesting of restricted stock units granted on 12/08/2022.
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 installments beginning on December 8, 2024.
The restricted stock units vest in three equal annual installments beginning on 12/10/2021.
/s/ Christopher Kevane, attorney-in-fact for Sherrell Smith
2023-12-12