UNIVERSAL TECHNICAL INSTITUTE INC — Director's Dealing 2023

Dec 13, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL TECHNICAL INSTITUTE INC (UTI)
CIK: 0001261654
Period of Report: 2023-12-08

Reporting Person: Lorenz Tracy Kay (UTI Division President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-08	Restricted Stock Units	$	A	14232	Acquired		Common Stock, $0.0001 par value (14232)	Direct
2023-12-08	Performance Units	$	A	26685	Acquired		Common Stock, $0.0001 par value (26685)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of UTI Common Stock.

F2: The restricted stock units vest in three equal installments beginning on December 8, 2024.

F3: 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.