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UNIVERSAL ELECTRONICS INC — Director's Dealing 2015
Aug 13, 2015
34452_dirs_2015-08-13_cde848ae-dee0-4ae2-8dd4-0480529366ff.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNIVERSAL ELECTRONICS INC (UEIC)
CIK: 0000101984
Period of Report: 2015-08-12
Reporting Person: ARLING PAUL D (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-08-12 | Common Stock | M | 1654 | $0.00 | Acquired | 157780 | Direct |
| 2015-08-12 | Common Stock | F | 863 | $47.68 | Disposed | 156917 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-08-12 | Restricted Stock Unit | $ | M | 1654 | Disposed | Common Stock (1654) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock (30606) | 30606 | Direct |
Footnotes
F1: Stock issued pursuant to Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on December 4, 2013 and ratified by the Board of Directors on February 12-13, 2014.
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 Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on December 4, 2013 and ratified by the Board of Directors on February 12-13, 2014.
F4: Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
F5: The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.
F6: This figure represents the aggregate number of unvested RSU's as of the reporting date and involves 3 RSU Grants: one granted on February 13, 2013 with a 3 year ratable quarterly vesting period which began on May 13, 2013; one granted on February 12, 2014 with a 3 year vesting schedule of 33.33% on February 12, 2015 and 8.33% quarterly thereafter; and one granted on February 12, 2015 with a 3 year vesting schedule of 33.33% on February 12, 2016 and 8.33% quarterly thereafter.