Bryan M. Hackworth - 12 Nov 2021 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
SVP and CFO
Signature
/s/Bryan M. Hackworth, by Richard A. Firehammer, Jr., pursuant to Limited Power of Attorney dated August 5, 2006 (attached)
Issuer symbol
UEIC
Transactions as of
12 Nov 2021
Net transactions value
-$30,169
Form type
4
Filing time
15 Nov 2021, 18:10:16 UTC
Previous filing
16 Aug 2021
Next filing
11 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +542 +1.1% 49,989 12 Nov 2021 Direct F1
transaction UEIC Common Stock Tax liability $11,166 -285 -0.57% $39.18 49,704 12 Nov 2021 Direct F2, F3
transaction UEIC Common Stock Options Exercise +923 +1.9% 50,627 13 Nov 2021 Direct F1
transaction UEIC Common Stock Tax liability $19,002 -485 -0.96% $39.18 50,142 13 Nov 2021 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UEIC Restricted Stock Units Options Exercise $0 -542 -5.3% $0.000000 9,603 12 Nov 2021 Common Stock 542 Direct F1, F4
transaction UEIC Restricted Stock Units Options Exercise $0 -923 -9.6% $0.000000 8,680 13 Nov 2021 Common Stock 923 Direct F1, F4
holding UEIC Employee Stock Option (Rt. To Buy) 140,390 12 Nov 2021 Common Stock 0 Direct F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
F2 This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
F3 Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F4 The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.
F5 Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F6 The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
F7 This figure represents an aggregate number of stock options held by Reporting Person.