UNIVERSAL TECHNICAL INSTITUTE INC — Director's Dealing 2023

Jan 11, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL TECHNICAL INSTITUTE INC (UTI)
CIK: 0001261654
Period of Report: 2023-01-07

Reporting Person: Smith Sherrell (EVP, Campus Ops & Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-07	Common Stock, $0.0001 par value	M	6013	—	Acquired	188871	Direct
2023-01-07	Common Stock, $0.0001 par value	F	2816	$6.71	Disposed	186055	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-07	Restricted Stock Units	$	M	6013	Disposed		Common Stock, $0.0001 par value (6013.0)	Direct

Footnotes

F1: On January 7, 2020, the reporting person was granted restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.

F2: Each restricted stock unit represents a contingent right to receive one share of Common Stock.

F3: Shares withheld to satisfy tax liability for the vesting of performance units granted on 1/7/2020.

F4: Shares of Common Stock received from vesting of restricted stock units granted on 1/7/2020.