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UNIVERSAL ELECTRONICS INC — Director's Dealing 2020
Feb 18, 2020
34452_dirs_2020-02-18_86aea00b-2ff8-4538-a90a-602b3a357028.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: 2020-02-16
Reporting Person: Ammari Ramzi (Sr.VP Corp Planning & Strategy)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-16 | Common Stock | M | 1160 | $0.00 | Acquired | 11971 | Direct |
| 2020-02-16 | Common Stock | F | 610 | $45.09 | Disposed | 11361 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-16 | Restricted Stock Units | $ | D | 1160 | Disposed | Common Stock (1160) | Direct |
Footnotes
F1: Stock issued pursuant to a Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on January 19, 2017, and ratified by the Board of Directors on February 16, 2017.
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 Companies 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.