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UNIVERSAL ELECTRONICS INC — Director's Dealing 2022
Jul 29, 2022
34452_dirs_2022-07-29_62d47bbb-c7ef-49ad-9228-a26d24f64365.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: 2022-07-27
Reporting Person: PONTUAL ROMULO (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-07-27 | Restricted Stock Units | $ | A | 4639 | Acquired | Common Stock (4639) | Direct | |
| 2022-07-27 | Empl. Stock Option (Rt. to Buy) | $27.05 | A | 20000 | Acquired | Common Stock (20000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
F2: RSU Grant awarded pursuant to 2018 Directors Compensation Plan on July 27, 2022 and will vest as follows: 889 RSUs on October 1, 2022; 1,250 RSUs on January 1, 2023; 1,250 RSUs on April 1, 2023; and 1,250 RSUs on July 1, 2023.
F3: Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F4: Stock Option Grant was issued on July 27, 2022 by action of the Corporate Governance and Nominating Committee, and ratified by the Board of Directors. The options will vest ratably over the next 3 years, and have a 10 year life, expiring on July 27, 2032.