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UNIVERSAL ELECTRONICS INC — Director's Dealing 2016
Jan 5, 2016
34452_dirs_2016-01-05_c26cad7f-39cb-456c-961a-5f4343d3938a.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: 2016-01-01
Reporting Person: HUGHES LOUIS SYLVESTER (EVP)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-01-01 | Restricted Stock Units | $0.00 | A | 5840 | Acquired | Common Stock (5840) | Direct | |
| 2016-01-01 | Employee Stock Option (Rt to Buy) | $51.385 | A | 15965 | Acquired | 2023-01-01 | Common Stock (15965) | Direct |
Footnotes
F1: Restricted Stock Grant was approved by the Compensation Committee of the Board of Directors on December 7, 2015 and ratified and approved by the Board of Directors on December 9, 2015, and granted on January 1, 2016 and will vest over a 3 year vesting schedule of 33.33% on January 1, 2017, and 8.33% quarterly thereafter.
F2: Employee Stock Option Grant was approved by the Compensation Committee of the Board of Directors on December 7, 2015 and ratified and approved by the Board of Directors on December 9, 2015, and granted on January 1, 2016 and will vest over a 3 year vesting schedule of 33.33% on January 1, 2017, and 8.33% quarterly thereafter. These Stock Options have a 7 year life.
F3: Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.