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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
Universal Technical Institute, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
913915 10 4
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(CUSIP Number)
April 27, 2004
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[x] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
PERSONS WHO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE
NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL
NUMBER.
SEC 1745 (12-02)
CUSIP NO. 913915 10 4 13G Page 2 of 6 Pages
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Worldwide Training Group, LLC
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
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(b) [ ]
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3. SEC Use Only
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4. Citizenship or Place of Organization DE
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Number of 5. Sole Voting Power
Shares -0-
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Beneficially 6. Shared Voting Power
Owned by 1,592,463
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Each 7. Sole Dispositive Power
Reporting -0-
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Person With: 8. Shared Dispositive Power
1,592,463
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,592,463
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
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11. Percent of Class Represented by Amount in Row (9)
5.8%
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12. Type of Reporting Person (See Instructions)
00
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CUSIP NO. 913915 10 4 13G Page of Pages
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Penske Capital Partners, L.L.C.
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
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(b) [ ]
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3. SEC Use Only
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4. Citizenship or Place of Organization
DE
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Number of 5. Sole Voting Power
Shares -0-
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Beneficially 6. Shared Voting Power
Owned by 1,592,463
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Each 7. Sole Dispositive Power
Reporting -0-
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Person With: 8. Shared Dispositive Power
1,592,463
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,592,463
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
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11. Percent of Class Represented by Amount in Row (9)
5.8%
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12. Type of Reporting Person (See Instructions)
00
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ITEM 1. SECURITY AND ISSUER.
(a) Name of Issuer: Universal Technical Institute, Inc.
(b) Address of Issuer's Principal Executive Offices:
20410 North 19th Avenue, Suite 200, Phoenix, AZ 85027
ITEM 2. IDENTITY AND BACKGROUND.
(a) Name of Person Filing: Worldwide Training Group, LLC
(b) Address of Principal Business Office or, if none, Residence of:
2555 Telegraph Road, Bloomfield Hills, MI 48302
(c) Citizenship of Filing Person: A Delaware limited liability company
(d) Title of Classes of Securities: Common Stock
(e) CUSIP Number 913915 10 4
(a) Name of Person Filing: Penske Capital Partners, L.L.C.
(b) Address of Principal Business Office or, if none, Residence of:
2555 Telegraph Road, Bloomfield Hills, MI 48302
(c) Citizenship of Filing Person: A Delaware limited liability company
(d) Title of Classes of Securities: Common Stock
(e) CUSIP Number 913915 10 4
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(b), OR 13D-2(b) OR
(c), CHECK WHETHER THE PERSON FILING IS A:
Not Applicable
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned: 1,592,463
(b) Percent of Class: 5.8%
(c) Number of Shares as to which such Person has:
(i) Sole power to vote or to direct the vote : 0
(ii) Shared power to vote or to direct the vote: 1,592,463
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition of: 1,592,463
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Penske Capital Partners, L.L.C. ("PCP"), a Delaware limited liability
company, is the Managing Member of Worldwide Training Group, LLC ("WTG"), a
Delaware limited liability company. PCP has voting power and investment power
over these shares as the Managing Member of WTG. The members of WTG are entitled
to certain amounts upon a disposition of the shares. Neither the fact of this
filing nor anything contained herein shall be deemed to be an admission by the
Reporting Persons that a group exists within the meaning of the Exchange Act.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR
CONTROL PERSON
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Worldwide Training Group, LLC and Penske Capital Partners, LLC
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable
ITEM 10. CERTIFICATIONS.
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
April 27, 2004 WORLDWIDE TRAINING GROUP, LLC
By: PENSKE CAPITAL PARTNERS, L.L.C.
Its: Managing Member
By: /s/ James A. Hislop
James A. Hislop
Its: President
PENSKE CAPITAL PARTNERS, L.L.C.
By: /s/ James A. Hislop
James A. Hislop
Its: President