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