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UNIVERSAL TECHNICAL INSTITUTE INC — Director's Dealing 2012
Aug 30, 2012
31931_dirs_2012-08-30_55d3a02d-7f5f-4ee6-8a77-9ee16524049d.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: 2012-08-20
Reporting Person: Smith Sherrell (SVP Operations)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.0001 par value | 22952 | Direct |
| Common Stock, $0.0001 par value | 12431 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right To Buy) | $23.25 | 2016-06-15 | Common Stock, $0.0001 par value (4100) | Indirect | |
| Employee Stock Option (Right To Buy) | $38.46 | 2015-02-16 | Common Stock, $0.0001 par value (600) | Indirect | |
| Employee Stock Option (Right To Buy) | $20.50 | 2013-12-17 | Common Stock, $0.0001 par value (787) | Indirect | |
| Employee Stock Option (Right to Buy) | $22.21 | 2016-12-11 | Common Stock, $0.0001 par value (1000) | Indirect | |
| Performance Shares | $0.00 | 2012-11-15 | Common Stock, $0.0001 par value (189) | Indirect | |
| Performance Shares | $0.00 | 2013-11-15 | Common Stock, $0.0001 par value (600) | Indirect |
Footnotes
F1: 4,395 shares owned plus 8,036 shares which were awarded in connection with a Restricted Stock Award Plan and have not yet met the vesting requirements.
F2: The options become exercisable in four equal installments beginning on June 15, 2008.
F3: The options become exercisable in four equal installments beginning on February 16, 2007.
F4: The options become exercisable in four equal installments beginning on December 17, 2005.
F5: The options become exercisable in four equal installments beginning on December 11, 2008.
F6: Each Performance Share represents a contingent right to receive one share of Universal Technical Institute, Inc. common stock. The Performance Shares upon achievement of certain performance criteria based on total shareholder return, with measurement periods on each of September 30, 2010, September 30, 2011 and September 30, 2012. Performance Shares will vest on each of November 15, 2010, November 15, 2011 and November 15, 2012. 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 each specific measurement period.
F7: 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 on 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.