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UNIVERSAL ELECTRONICS INC — Director's Dealing 2023
May 25, 2023
34452_dirs_2023-05-25_4a69bdf5-c46d-4dcb-a30e-18204fa62604.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: 2023-05-23
Reporting Person: Chong David Cheung Hyen (Executive Vice President -Asia)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-23 | Restricted Stock Units | $ | A | 10002 | Acquired | Common Stock (10002) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 24634 | Direct |
| Common Stock | 5112 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Options (Rt To Buy) | $ | Common Stock (0) | 46230 | Direct |
Footnotes
F1: These shares are held in a tax deferred annuity company of which Mr. Chong owns 100% and as to which Mr. Chong disclaims beneficial ownership.
F2: Restricted Stock Grant was issued out of the discretionary pool authorized and approved by the Compensation Committee of the Board of Directors on January 30, 2023 and ratified and approved by the Board of Directors on February 9, 2023 and finalized and awarded on May 23, 2023. The shares will vest over 3 years on a ratable annual basis.
F3: Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
F4: Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F5: The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
F6: This figure represents an aggregate number of stock options held by Reporting Person.