UNIVERSAL ELECTRONICS INC — Director's Dealing 2020

Feb 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL ELECTRONICS INC (UEIC)
CIK: 0000101984
Period of Report: 2020-02-12

Reporting Person: ARLING PAUL D (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-13	Common Stock	M	8006	$0.00	Acquired	198479	Direct
2020-02-13	Common Stock	F	3558	$45.89	Disposed	194921	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-12	Restricted Stock Units	$0.00	A	22740	Acquired		Common Stock (22740)	Direct
2020-02-12	Emp Stock Option (Rt. to Buy)	$46.17	A	59320	Acquired	2027-02-12	Common Stock (59320)	Direct
2020-02-13	Restricted Stock Units	$	M	8006	Disposed		Common Stock (8006)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Indirect

Footnotes

F1: Stock issued pursuant to Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on January 25, 2019 and ratified and approved by the Board of Directors on February 13, 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 Companies applicable Stock Incentive Plan.

F4: 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.

F5: 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.

F6: Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.

F7: Each restricted stock unit represents a contingent right to receive one share of UEI common stock.

F8: The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.