UNIVERSAL ELECTRONICS INC — Director's Dealing 2020

Dec 28, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL ELECTRONICS INC (UEIC)
CIK: 0000101984
Period of Report: 2020-12-23

Reporting Person: Hackworth Bryan M (SVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-23	Common Stock	M	16130	$35.275	Acquired	60086	Direct
2020-12-23	Common Stock	F	13678	$51.955	Disposed	46408	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-23	Employee Stock Option (Rt to Buy)	$35.275	M	16130	Disposed	2021-02-12	Common (16130)	Direct

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 2,452 shares of common stock on net exercise of options to purchase 16,130 shares of common stock. The Company withheld 13,678 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on December 23, 2020 of $51.955, pursuant to the terms of the applicable Stock Incentive Plan.