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UNIVERSAL ELECTRONICS INC — Director's Dealing 2022
Feb 11, 2022
34452_dirs_2022-02-11_1ab36dea-76c1-41f7-a5ca-fb33fb1458ba.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: 2022-02-10
Reporting Person: Ammari Ramzi (Sr.VP Corp Planning & Strategy)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-10 | Restricted Stock Units | $ | A | 7960 | Acquired | Common Stock (7960) | Direct | |
| 2022-02-10 | Emp Stock Option (Rt to Buy) | $34.555 | A | 18495 | Acquired | 2029-02-10 | Common Stock (18495) | Direct |
Footnotes
F1: Restricted Stock Grant was approved by the Compensation Committee of the Board of Directors on December 30,2021 and ratified and approved by the Board of Directors on February 10, 2022, and granted on February 10, 2022. The Restricted Stock Units will vest over a 3 year vesting schedule of 33.33% on February 10, 2023, and 8.33% quarterly thereafter.
F2: Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
F3: Stock Option Grant was approved by the Compensation Committee of the Board of Directors on December 30, 2021 and ratified and approved by the Board of Directors on February 10, 2022, and granted on February 10, 2022. The Stock Options will vest over a 3-year vesting schedule of 33.33% on February 10, 2023, and 8.33% quarterly thereafter, and will expire on February 10, 2029.
F4: Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.