UNIVERSAL ELECTRONICS INC — Director's Dealing 2020

Dec 31, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL ELECTRONICS INC (UEIC)
CIK: 0000101984
Period of Report: 2020-12-30

Reporting Person: Chong David Cheung Hyen (Executive Vice President -Asia)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-30	Common Stock	M	12060	$35.275	Acquired	18890	Direct
2020-12-30	Common Stock	F	8088	$52.60	Disposed	10802	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-30	Employee Stock Option (Rt to Buy)	$35.275	M	12060	Disposed	2021-02-12	Common Stock (12060)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5112	Indirect

Footnotes

F1: Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.

F2: Represents a "net exercise" of outstanding stock options. The reporting person received 3,972 shares of common stock on net exercise of options to purchase 12,060 shares of common stock. The Company withheld 8,088 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on December 30, 2020 of $52.60 pursuant to the terms of the applicable Stock Incentive Plan.

F3: These shares are held in a tax deferred annuity company of which Mr. Chong owns 100% and as to which Mr. Chong disclaims beneficial
ownership.