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UNIVERSAL ELECTRONICS INC — Director's Dealing 2023
Feb 13, 2023
34452_dirs_2023-02-13_37393895-0268-4f03-910c-40eb5e8331c7.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: 2023-02-09
Reporting Person: Ammari Ramzi (Sr.VP Corp Planning & Strategy)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-09 | Restricted Stock Units | $ | A | 14135 | Acquired | Common Stock (14135) | Direct | |
| 2023-02-09 | Emp Stock Option (Rt to Buy) | $24.765 | A | 32320 | Acquired | 2030-02-09 | Common Stock (32320) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 19669 | Direct |
Footnotes
F1: Restricted Stock Grant was 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 granted on February 9, 2023. The Restricted Stock Units will vest over a 3 year vesting schedule of 33.33% on February 9, 2024, 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 January 30, 2023 and ratified and approved by the Board of Directors on February 9, 2023, and granted on February 9, 2023. The Stock Options will vest over a 3-year vesting schedule of 33.33% on February 9, 2024, and 8.33% quarterly thereafter, and will expire on February 9, 2030.
F4: Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.