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UNIVERSAL TECHNICAL INSTITUTE INC — Director's Dealing 2011
Dec 21, 2011
31931_dirs_2011-12-21_824a2a26-092e-42b9-aef3-c909d139ef9d.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: UNIVERSAL TECHNICAL INSTITUTE INC (UTI)
CIK: 0001261654
Period of Report: 2011-12-13
Reporting Person: Peterson Bryce H (VP Information Technology)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.0001 par value | 15754 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Shares | $0.00 | 2013-11-15 | Common Stock, $0.0001 par value (600) | Direct |
Footnotes
F1: All the shares listed were awarded in connection with a Restricted Stock Award Plan and have not yet met the vesting requirements.
F2: Each Performance Share represents a contingent right to receive one share of Universal Technical Institute, Inc. common stock. The Performance Shares vest upon achievement of certain performance criteria based on total shareholder return, with a measurement period starting October 1, 2010 - September 30, 2013. Performance Shares will vest no later than November 15, 2013. The actual number of shares of common stock issued at the time of vesting can range from 0% to 200% depending on the total shareholder return achieved in the measurement period.