Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

UNIVERSAL ELECTRONICS INC Director's Dealing 2015

Aug 4, 2015

34452_dirs_2015-08-03_ac8d580e-4723-4c26-9035-b8326946592a.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL ELECTRONICS INC (UEIC)
CIK: 0000101984
Period of Report: 2015-08-02

Reporting Person: HUGHES LOUIS SYLVESTER (EVP)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-08-02 Common Stock M 2833 $0.00 Acquired 2835 Direct
2015-08-02 Common Stock F 1064 $52.06 Disposed 1771 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-08-02 Restricted Stock Unit $ M 2833 Disposed Common Stock (2833) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Unit $ Common Stock (16098) 16098 Direct

Footnotes

F1: Stock issued pursuant to Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on July 26, 2012.

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 July 26, 2012.

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 4 RSU Grants: one granted on August 2, 2012 with a 3 year ratable annual vesting period which began on August 2, 2013; one granted on December 19, 2013 with a 3 year ratable annual vesting schedule; one granted on December 19, 2014 with a 3 year ratable annual vesting schedule; 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.