<SUBMISSION>
<ACCESSION-NUMBER>0001209191-03-035862
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<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>PENSKE ROGER S
<CIK>0000942439
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-31923
<FILM-NUMBER>031063570
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>PENSKE CORP
<STREET2>2555 TELEGRAPH ROAD
<CITY>BLOOMFIELD HILLS
<STATE>MI
<ZIP>48302-0954
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>2555 TELEGRAPH ROAD
<CITY>BLOOMFIELD HILLS
<STATE>MI
<ZIP>48302-0954
</MAIL-ADDRESS>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>bpx68589_bpx4rap4.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument><schemaVersion>X0201</schemaVersion>    <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><reportingOwnerId><rptOwnerCik>0000942439</rptOwnerCik><rptOwnerName>PENSKE ROGER S</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>2555 TELEGRAPH ROAD</rptOwnerStreet1><rptOwnerStreet2></rptOwnerStreet2><rptOwnerCity>BLOOMFIELD HILLS</rptOwnerCity><rptOwnerState>MI</rptOwnerState><rptOwnerZipCode>48302-0954</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock par value 0.0001</value></securityTitle><transactionDate><value>2003-12-16</value></transactionDate><deemedExecutionDate><value>2003-12-18</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>C</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>4831679</value></transactionShares><transactionPricePerShare><footnoteId id="F1" /></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>4831679</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value><footnoteId id="F2" /></directOrIndirectOwnership><natureOfOwnership><value>Worldwide Training Group LLC</value></natureOfOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common Stock par value 0.0001</value></securityTitle><transactionDate><value>2003-12-16</value></transactionDate><deemedExecutionDate><value>2003-12-18</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>1192794</value></transactionShares><transactionPricePerShare><value>20.50</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>3638885</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value><footnoteId id="F2" /></directOrIndirectOwnership><natureOfOwnership><value>Worldwide Training Group LLC</value></natureOfOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common Stock par value 0.0001</value></securityTitle><transactionDate><value>2003-12-16</value></transactionDate><deemedExecutionDate><value>2003-12-18</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>315740</value></transactionShares><transactionPricePerShare><value>20.50</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>3323145</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value><footnoteId id="F2" /></directOrIndirectOwnership><natureOfOwnership><value>Worldwide Training Group LLC</value></natureOfOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><derivativeTable><derivativeTransaction><securityTitle><value>Series D Preferred </value></securityTitle><conversionOrExercisePrice><value>0</value><footnoteId id="F1" /></conversionOrExercisePrice><transactionDate><value>2003-12-16</value></transactionDate><deemedExecutionDate><value>2003-12-18</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>C</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>4831679</value></transactionShares><transactionPricePerShare><footnoteId id="F1" /></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><footnoteId id="F1" /></exerciseDate><expirationDate><footnoteId id="F1" /></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>common stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>4831679</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>Worldwide Training Group LLC</value></natureOfOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">Series D Preferred Stock converted pursuant to its terms into common stock of the company on a 1-to-1 basis on December 16,2003, the effective date of the company's IPO</footnote><footnote id="F2">The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.  The inclusion of these shares in the report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose</footnote></footnotes><ownerSignature><signatureName>Jennifer Haslip attorney in fact for Roger S Penske</signatureName><signatureDate>2003-12-18</signatureDate></ownerSignature></ownershipDocument>

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</SUBMISSION>
