UNIVERSAL ELECTRONICS INC — Director's Dealing 2021

Dec 29, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL ELECTRONICS INC (UEIC)
CIK: 0000101984
Period of Report: 2021-12-28

Reporting Person: ARLING PAUL D (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-28	Common Stock	M	32200	$20.085	Acquired	251964	Indirect
2021-12-28	Common Stock	F	23522	$41.155	Disposed	228442	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-28	Employee Stock Option (Rt to Buy)	$20.085	M	32200	Disposed	2022-02-08	Common (32200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1800	Direct
Common Stock	1000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (0)	30163	Direct

Footnotes

F1: Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.

F2: These shares are held by the Arling Family Trust. Reporting person disclaims ownership of the shares.

F3: Represents a "net exercise" of outstanding stock options. The reporting person received 8,678 shares of common stock on net exercise of options to purchase 32,200 shares of common stock. The Company withheld 23,522 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on December 28, 2021 of $41.155 pursuant to the terms of the 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 and were reported at the time the grant(s) were issued.

F6: This figure represents an aggregate number of outstanding restricted stock units held by Reporting Person.