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: ARLING PAUL D (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-23	Common Stock	M	51320	$35.275	Acquired	251897	Direct
2020-12-23	Common Stock	F	42169	$51.955	Disposed	209728	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	51320	Disposed	2021-02-12	Common (51320)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	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 9,151 shares of common stock on net exercise of options to purchase 51,320 shares of common stock. The Company withheld 42,169 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.