<SUBMISSION>
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<PERIOD>20031216
<FILING-DATE>20031218
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>UNIVERSAL TECHNICAL INSTITUTE INC
<CIK>0001261654
<ASSIGNED-SIC>8200
<IRS-NUMBER>860226984
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>0930
</COMPANY-DATA>
<MAIL-ADDRESS>
<STREET1>10851 N BLACK CANYON HIGHWAY
<STREET2>STE 600
<CITY>PHOENIX
<STATE>AZ
<ZIP>85029
</MAIL-ADDRESS>
</ISSUER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>CHARLESBANK EQUITY FUND V LP
<CIK>0001245713
<STATE-OF-INCORPORATION>MA
<FISCAL-YEAR-END>1231
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<FILING-VALUES>
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<FILM-NUMBER>031063445
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<MAIL-ADDRESS>
<STREET1>C/O CHARLESBANK CAPITAL PARTNERS
<STREET2>600 ATLANTIC AV 28TH FL
<CITY>BOSTON
<STATE>MA
<ZIP>02210
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>JANOWER ANDREW S
<CIK>0001245722
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
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<FILE-NUMBER>001-31923
<FILM-NUMBER>031063441
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<MAIL-ADDRESS>
<STREET1>C/O CHARLESBANK CAPITAL PARTNERS
<STREET2>600 ATLANTIC AV 28TH FL
<CITY>BOSTON
<STATE>MA
<ZIP>02210
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>PALMER TIM R
<CIK>0001245723
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<FILM-NUMBER>031063440
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<STREET1>C/O CHARLESBANK CAPITAL PARTNERS
<STREET2>600 ATLANTIC AV 28TH FL
<CITY>BOSTON
<STATE>MA
<ZIP>02210
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>ROSEN MARK A
<CIK>0001245725
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<FILING-VALUES>
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<FILM-NUMBER>031063439
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<MAIL-ADDRESS>
<STREET1>C/O CHARLESBANK CAPITAL PARTNERS
<STREET2>600 ATLANTIC AV 28TH FL
<CITY>BOSTON
<STATE>MA
<ZIP>02210
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>CHARLESBANK EQUITY FUND V GP LP
<CIK>0001245715
<STATE-OF-INCORPORATION>MA
<FISCAL-YEAR-END>1231
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<FILM-NUMBER>031063444
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<MAIL-ADDRESS>
<STREET1>C/O CHARLESBANK CAPITAL PARTNERS
<STREET2>600 ATLANTIC AV 28TH FL
<CITY>BOSTON
<STATE>MA
<ZIP>02210
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>DAVIS KIM G
<CIK>0000917397
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-31923
<FILM-NUMBER>031063442
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>116 RADIO CIRCLE
<CITY>MOUNT KISCO
<STATE>NY
<ZIP>10549
<PHONE>9142417430
</BUSINESS-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>CHARLESBANK CAPITAL PARTNERS LLC
<CIK>0001065319
<STATE-OF-INCORPORATION>MA
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
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<FILE-NUMBER>001-31923
<FILM-NUMBER>031063443
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<BUSINESS-ADDRESS>
<STREET1>600 ATLANTIC AVENUE
<CITY>BOSTON
<STATE>MA
<ZIP>02210
<PHONE>6176195400
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>600 ATLANTIC AVENUE
<CITY>BOSTON
<STATE>MA
<ZIP>02210
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>CHARLESBANK VOTING TRUST
<CIK>0001272661
<STATE-OF-INCORPORATION>NY
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-31923
<FILM-NUMBER>031063446
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>CHARLESBANK CAPITAL PARTNERS LLC
<STREET2>600 ATLANTIC AVE 26TH FL
<CITY>BOSTON
<STATE>MA
<ZIP>02210
<PHONE>6176195466
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>CHARLESBANK CAPITAL PARTNERS LLC
<STREET2>600 ATLANTIC AVE 26TH FL
<CITY>BOSTON
<STATE>MA
<ZIP>02210
</MAIL-ADDRESS>
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<FILENAME>rrd26276.xml
<DESCRIPTION>FORM 4
<TEXT>
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    <documentType>4</documentType><periodOfReport>2003-12-16</periodOfReport><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001261654</issuerCik>
        <issuerName>UNIVERSAL TECHNICAL INSTITUTE INC</issuerName>
        <issuerTradingSymbol>UTI</issuerTradingSymbol></issuer><reportingOwner>
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<reportingOwnerAddress><rptOwnerStreet1>c/o Charlesbank Capital Partners, LLC</rptOwnerStreet1><rptOwnerStreet2>600 Atlantic Avenue, 26th Floor</rptOwnerStreet2><rptOwnerCity>Boston</rptOwnerCity><rptOwnerState>MA</rptOwnerState><rptOwnerZipCode>02210-2203</rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><reportingOwner>
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            <rptOwnerName>CHARLESBANK EQUITY FUND V LP</rptOwnerName>
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<reportingOwnerAddress><rptOwnerStreet1>c/o Charlesbank Capital Partners, LLC</rptOwnerStreet1><rptOwnerStreet2>600 Atlantic Avenue, 26th Floor</rptOwnerStreet2><rptOwnerCity>Boston</rptOwnerCity><rptOwnerState>MA</rptOwnerState><rptOwnerZipCode>02210-2203</rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><reportingOwner>
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            <rptOwnerName>CHARLESBANK EQUITY FUND V GP LP</rptOwnerName>
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<reportingOwnerAddress><rptOwnerStreet1>c/o Charlesbank Capital Partners, LLC</rptOwnerStreet1><rptOwnerStreet2>600 Atlantic Avenue, 26th Floor</rptOwnerStreet2><rptOwnerCity>Boston</rptOwnerCity><rptOwnerState>MA</rptOwnerState><rptOwnerZipCode>02210-2203</rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><reportingOwner>
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<reportingOwnerAddress><rptOwnerStreet1>c/o Charlesbank Capital Partners, LLC</rptOwnerStreet1><rptOwnerStreet2>600 Atlantic Avenue, 26th Floor</rptOwnerStreet2><rptOwnerCity>Boston</rptOwnerCity><rptOwnerState>MA</rptOwnerState><rptOwnerZipCode>02210-2203</rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><reportingOwner>
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            <rptOwnerName>DAVIS KIM G</rptOwnerName>
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            <rptOwnerName>JANOWER ANDREW S</rptOwnerName>
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            <rptOwnerName>PALMER TIM R</rptOwnerName>
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            <rptOwnerName>ROSEN MARK A</rptOwnerName>
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            <rptOwnerStreet1>C/O CHARLESBANK CAPITAL PARTNERS, LLC</rptOwnerStreet1>
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<isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value><footnoteId id="F1"/></securityTitle><transactionDate><value>2003-12-16</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>1693363</value><footnoteId id="F1"/></transactionShares><transactionPricePerShare><value>20.50</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>3728755</value><footnoteId id="F2"/><footnoteId id="F3"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value><footnoteId id="F2"/><footnoteId id="F3"/></directOrIndirectOwnership><natureOfOwnership><value>See Footnote</value><footnoteId id="F2"/><footnoteId id="F3"/></natureOfOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><footnotes><footnote id="F1">1,246.46395 shares of Series D Preferred Stock held by the Charlesbank Voting Trust will convert into 5,422,118 shares of Common Stock of the Issuer upon the closing of the Issuer's initial public offering.  The sale of Common Stock by the Charlesbank Voting Trust in such initial public offering is the transaction that is reported pursuant to this Form 4.</footnote><footnote id="F2">See the attached Joint Filer Information.</footnote><footnote id="F3">Information with respect to Michael R. Eisenson, an additional joint filer, may be found in a corresponding Form 4 filed on the date hereof.</footnote></footnotes><ownerSignature><signatureName>/S/ Tami E. Nason, Attorney-in-Fact of the Reporting Persons</signatureName><signatureDate>2003-12-18</signatureDate></ownerSignature></ownershipDocument>



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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>rrd18081_20788.htm
<DESCRIPTION>JOINT FILER INFORMATION
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rrd18081_20788.html
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					Joint Filer Information

Names:
Charlesbank Voting Trust
Charlesbank Equity Fund V, Limited Partnership
Charlesbank Equity Fund V GP, Limited Partnership
Charlesbank Capital Partners, LLC
Kim G. Davis
Tim R. Palmer
Andrew S. Janower
Mark A. Rosen



Addresses:
c/o Charlesbank Capital Partners, LLC
600 Atlantic Avenue, 26th Floor
Boston, MA 02210-2203



Issuer and Ticker Symbol:
Universal Technical Institute, Inc. [UTI]
Date of Event Requirement Statement:
December 16, 2003



Other Information:
 The Charlesbank Voting Trust holds 1,246.46395 shares of series D preferred stock with a liquidation value of $19,302.60401 per share that are convertible into 5,422,118 shares of common stock, which will occur concurrently with the closing of the initial public offering of the Issuer.  Holders of the trust certificates, representing beneficial ownership of the shares held by the trust, are as follows (the number of shares indicated being the number of shares of Common Stock of the Issuer into which the shares of Series D Preferred Stock are convertible): Charlesbank Equity Fund V, Limited Partnership, representing 3,508,185 shares; CB Offshore Equity Fund V, L.P., representing 493,678 shares; Charlesbank Equity Co-investment Fund V, Limited Partnership, representing 50,191 shares, Charlesbank Coinvestment Partners, Limited Partnership representing 4,395 shares and Coyote Training Group, LLC, representing 1,365,669 shares.  The shares being reported to be sold by the Charlesbank Voting Trust are being sold in the Issuer's initial public offering on a pro-rata basis according the beneficial ownership in the shares held by the holders of trust certificates.
The Charlesbank Voting Trust is expected to terminate upon the later of the closing of the initial public offering of the Issuer and the expiration or consummation the "green shoe" option to purchase shares to be granted to the underwriters in connection with such offering.  Upon termination of the trust, the then outstanding holders of voting trust certificates will surrender the trust certificates in exchange for a stock certificate or certificates representing the number of shares of the Issuer's common stock.
Charlesbank Equity Fund V, Limited Partnership, is the trustee of the Charlesbank Voting Trust.  Charlesbank Equity Fund V GP, Limited Partnership is the general partner of Charlesbank Equity Fund V, Limited Partnership.  Charlesbank Capital Partners, LLC is the general partner Charlesbank Equity Fund V GP, Limited Partnership.  Michael R. Eisenson, Kim G. Davis, Andrew S. Janower, Tim R. Palmer and Mark A. Rosen are managing directors of Charlesbank Capital Partners, LLC and have shared voting and investment power with respect to the equity interests held by the Charlesbank Voting Trust in the Issuer.  Charlesbank Equity Fund V, Limited Partnership, Charlesbank Equity Fund V GP, Limited Partnership, Charlesbank Capital Partners, LLC, Michael R. Eisenson, Kim G. Davis, Andrew S. Janower, Tim R. Palmer and Mark A. Rosen (the "Applicable Persons") may be deemed to share beneficial ownership of the 1,246.46395 shares of series D preferred stock of the Issuer held by the Charlesbank Voting Trust and any shares of Common Stock into which such shares are convertible, and each of them disclaims its or his beneficial ownership, other than its or his pecuniary interest, therein.  Pursuant to Rule 16-1(a)(4) under the Securities Exchange Act of 1934, as amended, this filing shall not be deemed an admission that any of the Applicable Persons is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities of the Issuer in excess of his or its pecuniary interest therein.







</PRE>
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<DOCUMENT>
<TYPE>EX-24.2
<SEQUENCE>4
<FILENAME>rrd18081_20796.htm
<DESCRIPTION>POWER OF ATTORNEY
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rrd18081_20796.html
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Power of Attorney

Know all men by these presents that Kim G. Davis does hereby make, constitute and appoint Tami E. Nason and Michael Thonis, or either one of them, as a true and lawful attorney-in-fact of the undersigned with full powers of substitution and revocation, for and in the name, place and stead of the undersigned, both in the undersigned's individual capacity and as a member of any limited liability company or limited partnership for which the undersigned is otherwise authorized to sign, to execute and deliver such forms as may be required to be filed from time to time with the Securities and Exchange Commission with respect to: (i) Sections 13(d) and 16(a) of the Securities Exchange Act of  1934, as amended, including without limitation, Schedule 13D, Schedule 13G, statements on Form 3, Form 4 and Form 5 and (ii) in connection with any applications for EDGAR access codes, including without limitation the Form ID.

/s/ KIM G. DAVIS________________
Name: Kim G. Davis
Date: December 12, 2003

Power of Attorney

Know all men by these presents that Andrew S. Janower does hereby make, constitute and appoint Tami E. Nason and Michael Thonis, or either one of them, as a true and lawful attorney-in-fact of the undersigned with full powers of substitution and revocation, for and in the name, place and stead of the undersigned, both in the undersigned's individual capacity and as a member of any limited liability company or limited partnership for which the undersigned is otherwise authorized to sign, to execute and deliver such forms as may be required to be filed from time to time with the Securities and Exchange Commission with respect to: (i) Sections 13(d) and 16(a) of the Securities Exchange Act of  1934, as amended, including without limitation, Schedule 13D, Schedule 13G, statements on Form 3, Form 4 and Form 5 and (ii) in connection with any applications for EDGAR access codes, including without limitation the Form ID.

/s/ ANDREW S. JANOWER__________
Name: Andrew S. Janower
Date: December 12, 2003

Power of Attorney

Know all men by these presents that Tim R. Palmer does hereby make, constitute and appoint Tami E. Nason and Michael Thonis, or either one of them, as a true and lawful attorney-in-fact of the undersigned with full powers of substitution and revocation, for and in the name, place and stead of the undersigned, both in the undersigned's individual capacity and as a member of any limited liability company or limited partnership for which the undersigned is otherwise authorized to sign, to execute and deliver such forms as may be required to be filed from time to time with the Securities and Exchange Commission with respect to: (i) Sections 13(d) and 16(a) of the Securities Exchange Act of  1934, as amended, including without limitation, Schedule 13D, Schedule 13G, statements on Form 3, Form 4 and Form 5 and (ii) in connection with any applications for EDGAR access codes, including without limitation the Form ID.

/s/ TIM R. PALMER________________
Name: Tim R. Palmer
Date: December 12, 2003

Power of Attorney

Know all men by these presents that Mark A.Rosen does hereby make, constitute and appoint Tami E. Nason and Michael Thonis, or either one of them, as a true and lawful attorney-in-fact of the undersigned with full powers of substitution and revocation, for and in the name, place and stead of the undersigned, both in the undersigned's individual capacity and as a member of any limited liability company or limited partnership for which the undersigned is otherwise authorized to sign, to execute and deliver such forms as may be required to be filed from time to time with the Securities and Exchange Commission with respect to: (i) Sections 13(d) and 16(a) of the Securities Exchange Act of  1934, as amended, including without limitation, Schedule 13D, Schedule 13G, statements on Form 3, Form 4 and Form 5 and (ii) in connection with any applications for EDGAR access codes, including without limitation the Form ID.

/s/ MARK A. ROSEN________________
Name: Mark A. Rosen
Date: December 12, 2003













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