UNIVERSAL ELECTRONICS INC — Director's Dealing 2005

Mar 2, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL ELECTRONICS INC (UEIC)
CIK: 0000101984
Period of Report: 2005-02-28

Reporting Person: MULLIGAN WILLIAM C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-28	Common Stock	M	10000	$2.155	Acquired	30782	Direct
2005-02-28	Common Stock	S	6600	$17.00	Disposed	24182	Direct
2005-02-28	Common Stock	S	300	$17.01	Disposed	23882	Direct
2005-02-28	Common Stock	S	100	$17.02	Disposed	23782	Direct
2005-02-28	Common Stock	S	1000	$17.04	Disposed	22782	Direct
2005-02-28	Common Stock	S	600	$17.05	Disposed	22182	Direct
2005-02-28	Common Stock	S	1400	$17.06	Disposed	20782	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-28	Stock Option (Rt to Buy)	$2.155	M	10000	Disposed	2005-03-20	Common Stock (10000)	Direct