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UNIVERSAL ELECTRONICS INC — Director's Dealing 2020
Feb 21, 2020
34452_dirs_2020-02-21_b469c474-92f4-4fc9-a7c4-a4fc9e40289b.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: 2020-02-19
Reporting Person: KOOPMANS MENNO (Sr. V.P., Global Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-19 | Common Stock | M | 2328 | $0.00 | Acquired | 4832 | Direct |
| 2020-02-19 | Common Stock | F | 1034 | $45.28 | Disposed | 3798 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-19 | Restricted Stock Units | $ | M | 2328 | Disposed | Common Stock (2328) | Direct |
Footnotes
F1: Stock issued pursuant to a Restricted Stock Grant that was approved by the Compensation Committee of the Board of Directors on January 25, 2019 and finalized and awarded on February 19, 2019.
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 one share of UEI common stock
F5: The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.