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Severson Eric

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SEC CIK
0001746556

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CompanyLast reported asReport datePublished
UNIVERSAL TECHNICAL INSTITUTE INCUTI · Entity 4868SVP AdmissionsDecember 08, 2022January 11, 2023

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

UNIVERSAL TECHNICAL INSTITUTE INC

Report date December 08, 2022 · Filed January 11, 2023 · Amendment

Amendment: balances below belong to this corrected disclosure, not necessarily a complete replacement of earlier positions.

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Performance UnitsSEC Table II · derivative / convertible securityDirect78,783 Reported balance After 2022-12-08 transaction · row 1 Amendment: may correct only part of an earlier disclosure.
1 source row

Row 1 · 2022-12-08 · Grant · Acquired 26,115 · Balance 78,783

F1: 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, 2025 and 40% of which vest based on adjusted EBITDA for the fiscal year ending September 30, 2025, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) immediately preceding and through grant date, and (ii) immediately preceding and through the 3rd anniversary of grant date (ending price). The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect42,570 Reported balance After 2022-12-08 transaction · row 2 Amendment: may correct only part of an earlier disclosure.
1 source row

Row 2 · 2022-12-08 · Grant · Acquired 19,123 · Balance 42,570

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

F3: The restricted stock units vest in three equal annual installments beginning on December 8, 2023.

Filing footnotes · ownership attribution and instrument terms

F1: 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, 2025 and 40% of which vest based on adjusted EBITDA for the fiscal year ending September 30, 2025, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) immediately preceding and through grant date, and (ii) immediately preceding and through the 3rd anniversary of grant date (ending price). The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

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

F3: The restricted stock units vest in three equal annual installments beginning on December 8, 2023.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
January 07, 2023 Filed Jan 11, 2023 00:27 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionRestricted Stock Units · Derivative 3,849 $0.00 $0.00
Disclosure

SEC source: 0001261654-23-000016 · wf-form4_167339685024371.xml · derivative · entry 3

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, $0.0001 par value · 3,849 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F4 · derivative.exercise_date: 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.

F4 · derivative.expiration_date: 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.

Read SEC document
January 07, 2023 Filed Jan 11, 2023 00:27 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Tax withholdingCommon Stock, $0.0001 par value 1,238 $6.71 $8,306.98
Disclosure

SEC source: 0001261654-23-000016 · wf-form4_167339685024371.xml · nonDerivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,246

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

Read SEC document
January 07, 2023 Filed Jan 11, 2023 00:27 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionCommon Stock, $0.0001 par value 3,849 $0.00 $0.00
Disclosure

SEC source: 0001261654-23-000016 · wf-form4_167339685024371.xml · nonDerivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,484

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Shares of Common Stock received from vesting of restricted stock units granted on 1/7/2020.

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

Read SEC document
December 10, 2022 Filed Dec 13, 2022 20:47 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionRestricted Stock Units · Derivative 5,082 $0.00 $0.00
Disclosure

SEC source: 0001261654-22-000167 · wf-form4_167096442996232.xml · derivative · entry 3

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,082

Underlying: Common Stock, $0.0001 par value · 5,082 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F4 · derivative.exercise_date: The restricted stock units vest in three equal annual installments beginning on 12/10/2021.

F4 · derivative.expiration_date: The restricted stock units vest in three equal annual installments beginning on 12/10/2021.

Read SEC document
December 10, 2022 Filed Dec 13, 2022 20:47 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Tax withholdingCommon Stock, $0.0001 par value 1,421 $7.15 $10,160.15
Disclosure

SEC source: 0001261654-22-000167 · wf-form4_167096442996232.xml · nonDerivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,635

F3 · shares: Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/10/2020.

Read SEC document
December 10, 2022 Filed Dec 13, 2022 20:47 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionCommon Stock, $0.0001 par value 5,082 $0.00 $0.00
Disclosure

SEC source: 0001261654-22-000167 · wf-form4_167096442996232.xml · nonDerivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,056

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Shares of Common Stock received from vesting of restricted stock units granted on 12/10/2020.

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

Read SEC document
December 08, 2022 Filed Dec 12, 2022 23:12 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantRestricted Stock Units · Derivative 8,679 $0.00 $0.00
Disclosure

SEC source: 0001261654-22-000135 · wf-form4_167088674676064.xml · derivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,126

Underlying: Common Stock, $0.0001 par value · 8,679 shares

Expires not disclosed

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

F3 · derivative.exercise_date: The restricted stock units vest in three equal annual installments beginning on December 8, 2023.

F3 · derivative.expiration_date: The restricted stock units vest in three equal annual installments beginning on December 8, 2023.

Read SEC document
December 08, 2022 Filed Dec 12, 2022 23:12 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantPerformance Units · Derivative 6,533 $0.00 $0.00
Disclosure

SEC source: 0001261654-22-000135 · wf-form4_167088674676064.xml · derivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,201

Underlying: Common Stock, $0.0001 par value · 6,533 shares

Expires not disclosed

F1 · derivative.exercise_price: 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, 2025 and 40% of which vest based on adjusted EBITDA for the fiscal year ending September 30, 2025, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) immediately preceding and through grant date, and (ii) immediately preceding and through the 3rd anniversary of grant date (ending price). The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

F1 · derivative.exercise_date: 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, 2025 and 40% of which vest based on adjusted EBITDA for the fiscal year ending September 30, 2025, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) immediately preceding and through grant date, and (ii) immediately preceding and through the 3rd anniversary of grant date (ending price). The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

F1 · derivative.expiration_date: 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, 2025 and 40% of which vest based on adjusted EBITDA for the fiscal year ending September 30, 2025, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) immediately preceding and through grant date, and (ii) immediately preceding and through the 3rd anniversary of grant date (ending price). The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

Read SEC document
December 08, 2022 Filed Dec 12, 2022 21:58 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionRestricted Stock Units · Derivative 4,717 $0.00 $0.00
Disclosure

SEC source: 0001261654-22-000122 · wf-form4_167088231287868.xml · derivative · entry 3

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,434

Underlying: Common Stock, $0.0001 par value · 4,717 shares

Expires 2024-12-08

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F4 · derivative.exercise_date: The restricted stock units vest in three equal annual installments beginning on December 8, 2022.

F4 · derivative.expiration_date: The restricted stock units vest in three equal annual installments beginning on December 8, 2022.

Read SEC document
December 08, 2022 Filed Dec 12, 2022 21:58 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Tax withholdingCommon Stock, $0.0001 par value 1,319 $7.19 $9,483.61
Disclosure

SEC source: 0001261654-22-000122 · wf-form4_167088231287868.xml · nonDerivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,974

F3 · shares: Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/08/2021.

Read SEC document
December 08, 2022 Filed Dec 12, 2022 21:58 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionCommon Stock, $0.0001 par value 4,717 $0.00 $0.00
Disclosure

SEC source: 0001261654-22-000122 · wf-form4_167088231287868.xml · nonDerivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,293

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Share of Common Stock received from vesting of restricted stock units granted on 12/08/2021.

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

Read SEC document
December 08, 2022 Filed Dec 22, 2022 23:39 UTC Amendment UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantRestricted Stock Units · Derivative 19,103 $0.00 $0.00
Disclosure

SEC source: 0001261654-22-000173 · wf-form4a_167175236941936.xml · derivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,550

Underlying: Common Stock, $0.0001 par value · 19,103 shares

Expires not disclosed

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

F3 · derivative.exercise_date: The restricted stock units vest in three equal annual installments beginning on December 8, 2023.

F3 · derivative.expiration_date: The restricted stock units vest in three equal annual installments beginning on December 8, 2023.

Read SEC document
December 08, 2022 Filed Dec 22, 2022 23:39 UTC Amendment UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantPerformance Units · Derivative 26,078 $0.00 $0.00
Disclosure

SEC source: 0001261654-22-000173 · wf-form4a_167175236941936.xml · derivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 78,746

Underlying: Common Stock, $0.0001 par value · 26,078 shares

Expires not disclosed

F1 · derivative.exercise_price: 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, 2025 and 40% of which vest based on adjusted EBITDA for the fiscal year ending September 30, 2025, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) immediately preceding and through grant date, and (ii) immediately preceding and through the 3rd anniversary of grant date (ending price). The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

F1 · derivative.exercise_date: 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, 2025 and 40% of which vest based on adjusted EBITDA for the fiscal year ending September 30, 2025, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) immediately preceding and through grant date, and (ii) immediately preceding and through the 3rd anniversary of grant date (ending price). The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

F1 · derivative.expiration_date: 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, 2025 and 40% of which vest based on adjusted EBITDA for the fiscal year ending September 30, 2025, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) immediately preceding and through grant date, and (ii) immediately preceding and through the 3rd anniversary of grant date (ending price). The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

Read SEC document
December 08, 2022 Filed Jan 11, 2023 00:30 UTC Amendment UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantRestricted Stock Units · Derivative 19,123 $0.00 $0.00
Disclosure

SEC source: 0001261654-23-000025 · wf-form4a_167339702418331.xml · derivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,570

Underlying: Common Stock, $0.0001 par value · 19,123 shares

Expires not disclosed

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

F3 · derivative.exercise_date: The restricted stock units vest in three equal annual installments beginning on December 8, 2023.

F3 · derivative.expiration_date: The restricted stock units vest in three equal annual installments beginning on December 8, 2023.

Read SEC document
December 08, 2022 Filed Jan 11, 2023 00:30 UTC Amendment UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantPerformance Units · Derivative 26,115 $0.00 $0.00
Disclosure

SEC source: 0001261654-23-000025 · wf-form4a_167339702418331.xml · derivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 78,783

Underlying: Common Stock, $0.0001 par value · 26,115 shares

Expires not disclosed

F1 · derivative.exercise_price: 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, 2025 and 40% of which vest based on adjusted EBITDA for the fiscal year ending September 30, 2025, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) immediately preceding and through grant date, and (ii) immediately preceding and through the 3rd anniversary of grant date (ending price). The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

F1 · derivative.exercise_date: 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, 2025 and 40% of which vest based on adjusted EBITDA for the fiscal year ending September 30, 2025, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) immediately preceding and through grant date, and (ii) immediately preceding and through the 3rd anniversary of grant date (ending price). The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

F1 · derivative.expiration_date: 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, 2025 and 40% of which vest based on adjusted EBITDA for the fiscal year ending September 30, 2025, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) immediately preceding and through grant date, and (ii) immediately preceding and through the 3rd anniversary of grant date (ending price). The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

Read SEC document
January 20, 2022 Filed Jan 24, 2022 21:53 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Tax withholdingCommon Stock, $0.0001 par value 331 $7.75 $2,565.25
Disclosure

SEC source: 0001261654-22-000036 · wf-form4_164306116996915.xml · nonDerivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,576

F1 · shares: Shares withheld to satisfy tax liability for the vesting of performance units granted on 1/7/2020.

Read SEC document
January 13, 2022 Filed Jan 18, 2022 23:34 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionPerformance Units · Derivative 993 $0.00 $0.00
Disclosure

SEC source: 0001261654-22-000022 · wf-form4_164254888218690.xml · derivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, $0.0001 par value · 993 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each performance unit represents a contingent right to receive one share of the Company's Common Stock, $0.0001, 60% of which vested based on revenue and 40% of which vested based on income from operations for the fiscal year ended September 30, 2021, the sum of which was adjusted by the compound annual total shareholder return ("TSR") modifier. For purposes of determining the TSR, the change in the price of the Company's common stock was based upon the 30-trading day average closing stock price (i) ending on and including the grant date of January 7, 2020, and (ii) ending on and including the last day of the Performance Period, or January 6, 2022. The number of shares delivered is equal to 8.6% performance achievement pursuant to the terms of the award and was approved by the Compensation Committee of the Board of Directors on January 13, 2022 per the terms of the award.

F1 · derivative.exercise_date: Each performance unit represents a contingent right to receive one share of the Company's Common Stock, $0.0001, 60% of which vested based on revenue and 40% of which vested based on income from operations for the fiscal year ended September 30, 2021, the sum of which was adjusted by the compound annual total shareholder return ("TSR") modifier. For purposes of determining the TSR, the change in the price of the Company's common stock was based upon the 30-trading day average closing stock price (i) ending on and including the grant date of January 7, 2020, and (ii) ending on and including the last day of the Performance Period, or January 6, 2022. The number of shares delivered is equal to 8.6% performance achievement pursuant to the terms of the award and was approved by the Compensation Committee of the Board of Directors on January 13, 2022 per the terms of the award.

F1 · derivative.expiration_date: Each performance unit represents a contingent right to receive one share of the Company's Common Stock, $0.0001, 60% of which vested based on revenue and 40% of which vested based on income from operations for the fiscal year ended September 30, 2021, the sum of which was adjusted by the compound annual total shareholder return ("TSR") modifier. For purposes of determining the TSR, the change in the price of the Company's common stock was based upon the 30-trading day average closing stock price (i) ending on and including the grant date of January 7, 2020, and (ii) ending on and including the last day of the Performance Period, or January 6, 2022. The number of shares delivered is equal to 8.6% performance achievement pursuant to the terms of the award and was approved by the Compensation Committee of the Board of Directors on January 13, 2022 per the terms of the award.

Read SEC document
January 13, 2022 Filed Jan 18, 2022 23:34 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionCommon Stock, $0.0001 par value 993 $0.00 $0.00
Disclosure

SEC source: 0001261654-22-000022 · wf-form4_164254888218690.xml · nonDerivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,907

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each performance unit represents a contingent right to receive one share of the Company's Common Stock, $0.0001, 60% of which vested based on revenue and 40% of which vested based on income from operations for the fiscal year ended September 30, 2021, the sum of which was adjusted by the compound annual total shareholder return ("TSR") modifier. For purposes of determining the TSR, the change in the price of the Company's common stock was based upon the 30-trading day average closing stock price (i) ending on and including the grant date of January 7, 2020, and (ii) ending on and including the last day of the Performance Period, or January 6, 2022. The number of shares delivered is equal to 8.6% performance achievement pursuant to the terms of the award and was approved by the Compensation Committee of the Board of Directors on January 13, 2022 per the terms of the award.

Read SEC document
January 07, 2022 Filed Jan 11, 2022 22:43 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionRestricted Stock Units · Derivative 3,848 $0.00 $0.00
Disclosure

SEC source: 0001261654-22-000012 · wf-form4_164194099294852.xml · derivative · entry 3

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,849

Underlying: Common Stock, $0.0001 par value · 3,848 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F2 · derivative.exercise_date: 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 · derivative.expiration_date: 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.

Read SEC document
January 07, 2022 Filed Jan 11, 2022 22:43 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Tax withholdingCommon Stock, $0.0001 par value 1,280 $7.75 $9,920.00
Disclosure

SEC source: 0001261654-22-000012 · wf-form4_164194099294852.xml · nonDerivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,914

Read SEC document
January 07, 2022 Filed Jan 11, 2022 22:43 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionCommon Stock, $0.0001 par value 3,848 $0.00 $0.00
Disclosure

SEC source: 0001261654-22-000012 · wf-form4_164194099294852.xml · nonDerivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,194

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

Read SEC document
December 15, 2021 Filed Dec 17, 2021 23:00 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionRestricted Stock Units · Derivative 5,081 $0.00 $0.00
Disclosure

SEC source: 0001261654-21-000109 · wf-form4_163978200492804.xml · derivative · entry 3

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,164

Underlying: Common Stock, $0.0001 par value · 5,081 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F4 · derivative.exercise_date: The restricted stock units vest in three equal annual installments beginning on 12/10/2021.

F4 · derivative.expiration_date: The restricted stock units vest in three equal annual installments beginning on 12/10/2021.

Read SEC document
December 15, 2021 Filed Dec 17, 2021 23:00 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Tax withholdingCommon Stock, $0.0001 par value 1,421 $8.14 $11,566.94
Disclosure

SEC source: 0001261654-21-000109 · wf-form4_163978200492804.xml · nonDerivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,346

F3 · shares: Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 12/10/2020.

Read SEC document
December 15, 2021 Filed Dec 17, 2021 23:00 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionCommon Stock, $0.0001 par value 5,081 $0.00 $0.00
Disclosure

SEC source: 0001261654-21-000109 · wf-form4_163978200492804.xml · nonDerivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,767

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Shares of Common Stock received from vesting of restricted stock units granted on 12/10/2020.

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

Read SEC document
December 08, 2021 Filed Dec 10, 2021 22:10 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantRestricted Stock Units · Derivative 14,151 $0.00 $0.00
Disclosure

SEC source: 0001261654-21-000081 · wf-form4_163917420814405.xml · derivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,093

Underlying: Common Stock, $0.0001 par value · 14,151 shares

Expires 2024-12-08

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

F3 · derivative.exercise_date: The restricted stock units vest in three equal annual installments beginning on December 8, 2022.

Read SEC document
December 08, 2021 Filed Dec 10, 2021 22:10 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantPerformance Units · Derivative 26,534 $0.00 $0.00
Disclosure

SEC source: 0001261654-21-000081 · wf-form4_163917420814405.xml · derivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 74,315

Underlying: Common Stock, $0.0001 par value · 26,534 shares

Expires 2024-12-08

F1 · derivative.exercise_price: 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, 2024 and 40% of which vest based on income (loss) from operations for the fiscal year ending September 30, 2024, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) ending on and including the grant date, and (ii) ending on and including the last day of the Performance Period. The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

F1 · derivative.exercise_date: 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, 2024 and 40% of which vest based on income (loss) from operations for the fiscal year ending September 30, 2024, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) ending on and including the grant date, and (ii) ending on and including the last day of the Performance Period. The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

Read SEC document
September 14, 2021 Filed Sep 16, 2021 21:23 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionRestricted Stock Units · Derivative 5,145 $0.00 $0.00
Disclosure

SEC source: 0001261654-21-000061 · wf-form4_163182736491111.xml · derivative · entry 3

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,942

Underlying: Common Stock, $0.0001 par value · 5,145 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F4 · derivative.exercise_date: The restricted stock units have vested in full.

F4 · derivative.expiration_date: The restricted stock units have vested in full.

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September 14, 2021 Filed Sep 16, 2021 21:23 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Tax withholdingCommon Stock, $0.0001 par value 1,439 $6.81 $9,799.59
Disclosure

SEC source: 0001261654-21-000061 · wf-form4_163182736491111.xml · nonDerivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,686

F3 · shares: Shares withheld to satisfy tax liability for the vesting of restricted stock units granted on 9/12/2018.

Read SEC document
September 14, 2021 Filed Sep 16, 2021 21:23 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionCommon Stock, $0.0001 par value 5,145 $0.00 $0.00
Disclosure

SEC source: 0001261654-21-000061 · wf-form4_163182736491111.xml · nonDerivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,125

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Shares of Common Stock received from vesting of restricted stock units granted on 9/12/2018.

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

Read SEC document
January 11, 2021 Filed Jan 13, 2021 22:10 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionRestricted Stock Units · Derivative 3,848 $0.00 $0.00
Disclosure

SEC source: 0001261654-21-000004 · wf-form4_161057581692122.xml · derivative · entry 3

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,087

Underlying: Common Stock, $0.0001 par value · 3,848 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

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

F4 · derivative.exercise_date: The restricted stock units vest in three equal annual installments beginning on 1/7/2021.

F4 · derivative.expiration_date: The restricted stock units vest in three equal annual installments beginning on 1/7/2021.

Read SEC document
January 11, 2021 Filed Jan 13, 2021 22:10 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Tax withholdingCommon Stock, $0.0001 par value 1,280 $6.41 $8,204.80
Disclosure

SEC source: 0001261654-21-000004 · wf-form4_161057581692122.xml · nonDerivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,980

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

Read SEC document
January 11, 2021 Filed Jan 13, 2021 22:10 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Exercise / conversionCommon Stock, $0.0001 par value 3,848 $0.00 $0.00
Disclosure

SEC source: 0001261654-21-000004 · wf-form4_161057581692122.xml · nonDerivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,260

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Shares of Common Stock received from vesting of restricted stock units granted on 1/7/2020.

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

Read SEC document
December 10, 2020 Filed Dec 14, 2020 23:30 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantRestricted Stock Units · Derivative 15,245 $0.00 $0.00
Disclosure

SEC source: 0001261654-20-000077 · wf-form4_160798860895182.xml · derivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,935

Underlying: Common Stock, $0.0001 par value · 15,245 shares

Expires 2023-12-10

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

F3 · derivative.exercise_date: The restricted stock units vest in three equal annual installments beginning on December 10, 2021.

Read SEC document
December 10, 2020 Filed Dec 14, 2020 23:30 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantPerformance Units · Derivative 26,134 $0.00 $0.00
Disclosure

SEC source: 0001261654-20-000077 · wf-form4_160798860895182.xml · derivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,781

Underlying: Common Stock, $0.0001 par value · 26,134 shares

Expires 2023-12-10

F1 · derivative.exercise_price: 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, 2023 and 40% of which vest based on income (loss) from operations for the fiscal year ending September 30, 2023, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) ending on and including the grant date, and (ii) ending on and including the last day of the Performance Period. The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

F1 · derivative.exercise_date: 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, 2023 and 40% of which vest based on income (loss) from operations for the fiscal year ending September 30, 2023, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the UTI Common Stock is based upon the 30-trading day average closing stock price (i) ending on and including the grant date, and (ii) ending on and including the last day of the Performance Period. The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

Read SEC document
September 15, 2020 Filed Sep 15, 2020 23:26 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Tax withholdingCommon Stock, $0.0001 par value 1,438 $6.77 $9,735.26
Disclosure

SEC source: 0001261654-20-000047 · wf-form4_160021239764651.xml · nonDerivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,102

F1 · shares: Vesting of Restricted Stock Units granted on 9/12/2018. Shares withheld to satisfy tax liability.

Read SEC document
January 07, 2020 Filed Jan 9, 2020 21:30 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantPerformance Units · Derivative 21,647 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-002751 · doc4.xml · derivative · entry 2

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,647

Underlying: Common Stock · 21,647 shares

Expires 2022-01-07

F2 · derivative.exercise_price: Each performance unit represents a contingent right to receive one share of the Company's common stock, 60% of which vest based on revenue for the fiscal year ending September 30, 2021 and 40% of which vest based on income (loss) from operations for the fiscal year ending September 30, 2021, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the Company's common stock is based upon the 30-trading day average closing stock price (i) ending on and including the grant date, and (ii) ending on and including the last day of the Performance Period. The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

F2 · derivative.exercise_date: Each performance unit represents a contingent right to receive one share of the Company's common stock, 60% of which vest based on revenue for the fiscal year ending September 30, 2021 and 40% of which vest based on income (loss) from operations for the fiscal year ending September 30, 2021, the sum of which will be adjusted by a compound annual total shareholder return ("TSR") modifier (which modifier may result in the adjustment of the performance units by up to 25% either upward or downward). For purposes of determining the TSR, the change in the price of the Company's common stock is based upon the 30-trading day average closing stock price (i) ending on and including the grant date, and (ii) ending on and including the last day of the Performance Period. The amount represents the maximum number of shares that may be delivered pursuant to the award, which is 187.5% of the target number of shares.

Read SEC document
January 07, 2020 Filed Jan 9, 2020 21:30 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantCommon Stock, $0.0001 par value 11,545 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-002751 · doc4.xml · nonDerivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,540

F1 · shares: One third of the restricted stock units approved by the Board of Directors shall vest on each anniversary of the grant date.

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January 07, 2020 Filed Dec 23, 2020 22:18 UTC Amendment UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantRestricted Stock Units · Derivative 11,545 $0.00 $0.00
Disclosure

SEC source: 0001261654-20-000099 · wf-form4a_160876186747448.xml · derivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,935

Underlying: Common Stock, $0.0001 par value · 11,545 shares

Expires not disclosed

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

F2 · shares: This Form 4/A does not report a new transaction. The reporting person's original Form 4 incorrectly reported these securities as Common Stock rather than restricted stock units.

F3 · derivative.exercise_date: The restricted stock units vest in three equal annual installments beginning on January 7, 2021.

F3 · derivative.expiration_date: The restricted stock units vest in three equal annual installments beginning on January 7, 2021.

F4 · balance_after: The incorrect classification described in footnote (2) above resulted in incorrect reporting of beneficial ownership of the Common Stock in the original Form 4. As of the date of this Form 4/A, none of the restricted stock units has vested. The beneficial ownership of the restricted stock units has been corrected in this Form 4/A and reflects the reporting person's correct ownership as of the date of this filing.

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September 16, 2019 Filed Sep 17, 2019 22:36 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 Tax withholdingCommon Stock, $0.0001 par value 1,438 $5.25 $7,549.50
Disclosure

SEC source: 0001209191-19-049928 · doc4.xml · nonDerivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,995

F1 · shares: Vesting of Restricted Stock Units Granted on 9/12/2018. Shares withheld to satisfy tax liability.

Read SEC document
September 12, 2018 Filed Sep 14, 2018 21:11 UTC UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantCommon Stock, $0.0001 par value 15,433 $2.70 $41,669.10
Disclosure

SEC source: 0001209191-18-051115 · doc4.xml · nonDerivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,433

F1 · shares: The grant was approved by UTI's Board of Directors on September 13, 2018 to have a grant date of September 12, 2018. The restricted stock units vest 33% in three annual installments.

Read SEC document
September 12, 2018 Filed Dec 23, 2020 22:41 UTC Amendment UNIVERSAL TECHNICAL INSTITUTE INC UTI · Entity 4868 GrantRestricted Stock Units · Derivative 15,433 $0.00 $0.00
Disclosure

SEC source: 0001261654-20-000109 · wf-form4a_160876328315265.xml · derivative · entry 1

Severson Eric · CIK 0001746556 · SVP Admissions

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,935

Underlying: Common Stock, $0.0001 par value · 15,433 shares

Expires not disclosed

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

F2 · shares: This Form 4/A does not report a new transaction. The reporting person's original Form 4 incorrectly reported these securities as Common Stock rather than restricted stock units.

F3 · derivative.exercise_date: The restricted stock units vest(ed) in three equal annual installments on September 12, 2019, September 12, 2020 and September 12, 2021.

F3 · derivative.expiration_date: The restricted stock units vest(ed) in three equal annual installments on September 12, 2019, September 12, 2020 and September 12, 2021.

F4 · balance_after: The incorrect classification described in footnote (2) above resulted in incorrect reporting of beneficial ownership of the Common Stock in the original Form 4 and the Common Stock and restricted stock units in subsequent Form 4s. As of the date of this Form 4/A, 10,288 restricted stock units granted on September 12, 2018 have vested. The beneficial ownership of the restricted stock units has been corrected in this Form 4/A and reflects the reporting person's correct ownership as of the date of this filing.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.