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UNIVERSAL ELECTRONICS INC — Director's Dealing 2016
Dec 20, 2016
34452_dirs_2016-12-20_292d5dfa-516a-432b-a9c2-361b2884d820.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: 2016-12-19
Reporting Person: HUGHES LOUIS SYLVESTER (COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-12-19 | Common Stock | M | 2700 | $0.00 | Acquired | 2899 | Direct |
| 2016-12-19 | Common Stock | F | 1014 | $66.875 | Disposed | 1885 | Direct |
| 2016-12-19 | Common Stock | M | 1350 | $0.00 | Acquired | 3235 | Direct |
| 2016-12-19 | Common Stock | F | 633 | $66.875 | Disposed | 2602 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-19 | Restricted Stock Unit | $ | M | 2700 | Disposed | Common Stock (2700) | Direct | |
| 2016-12-19 | Restricted Stock Units | $ | M | 1350 | Disposed | Common Stock (1350) | 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 December 11, 2013.
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 December 11, 2013.
F4: Stock issued pursuant to Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on December 5, 2014 and ratified by the Board of Directors on December 10, 2014.
F5: Price determined in accordance with the Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on December 5, 2014 and ratified by the Board of Directors on December 10, 2014.
F6: Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
F7: These restricted stock units granted on December 19, 2013 vest over a 3 year ratable annual vesting period which began on December 19, 2014.
F8: These restricted stock units granted on December 19, 2014 vest over a 3 year ratable annual vesting period which began on December 19, 2015.