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UNIVERSAL ELECTRONICS INC — Director's Dealing 2017
Aug 16, 2017
34452_dirs_2017-08-16_b9db729d-2ed8-4f66-8dd0-614ba7ac333d.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: 2017-08-15
Reporting Person: HUGHES LOUIS SYLVESTER (COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-15 | Common Stock | M | 3000 | $0.00 | Acquired | 3723 | Direct |
| 2017-08-15 | Common Stock | F | 1657 | $58.35 | Disposed | 2066 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-15 | Restricted Stock Units | $ | M | 3000 | Disposed | Common Stock (3000) | Direct |
Footnotes
F1: Stock issued pursuant to a Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on August 15, 2016 and ratified by the Board of Directors on October 26, 2016.
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 terms of the Company's applicable Stock Incentive Plan.
F4: Each restricted stock unit represents a contingent right to receive aone share of UEI common stock.
F5: The restricted stock units will will vest ratably on an annual basis over three years beginning on August 15, 2017.