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UNIVERSAL ELECTRONICS INC Director's Dealing 2020

Feb 14, 2020

34452_dirs_2020-02-14_7ee2e588-da6b-4f82-9306-cc2914d3348c.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: 2020-02-12

Reporting Person: Miketo Joseph (Sr. VP Operations)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-12-12 Restricted Stock Units $0.00 A 3250 Acquired Common Stock (3250) Direct
2020-12-12 Empl Stock Option (Rt to Buy $46.17 A 8475 Acquired 2027-02-12 Common Stock (8475) Direct

Footnotes

F1: Restricted Stock Grant was approved by the Compensation Committee of the Board of Directors on January 10, 2020 and ratified and approved by the Board of Directors on February 12, 2020, and granted on February 12, 2020 and will vest over a 3 year vesting schedule of 33.33% on February 12, 2021, and 8.33% quarterly thereafter.

F2: Employee Stock Option Grant was approved by the Compensation Committee of the Board of Directors on January 10, 2020 and ratified and approved by the Board of Directors on February 12, 2020, and granted on February 12, 2020 and will vest over a 3 year vesting schedule of 33.33% on February 12, 2021, and 8.33% quarterly thereafter. These Stock Options have a 7 year life.

F3: Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.