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UNIVERSAL ELECTRONICS INC — Director's Dealing 2024
Feb 26, 2024
34452_dirs_2024-02-26_d30bf4a0-67fd-4047-b15a-75ec5e987ecb.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: 2024-02-22
Reporting Person: Chong David Cheung Hyen (EVP Global Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-22 | Common Stock | M | 2149 | — | Acquired | 28783 | Direct |
| 2024-02-22 | Common Stock | F | 1013 | $8.46 | Disposed | 27770 | Direct |
| 2024-02-25 | Common Stock | M | 976 | — | Acquired | 28746 | Direct |
| 2024-02-25 | Common Stock | F | 460 | $8.42 | Disposed | 28286 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-22 | Restricted Stock Units | $ | M | 2149 | Disposed | Common Stock (2149) | Direct | |
| 2024-02-25 | Restricted Stock Units | $ | M | 976 | Disposed | Common Stock (976) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5112 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Stock Units | $ | Common Stock (14001) | 14001 | Direct | |
| Employee Stock Option (Rt to Buy) | $ | Common Stock (33480) | 33480 | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
F2: This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
F3: Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F4: 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.
F5: The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.
F6: Each performance stock unit represents a contingent right to receive one share of UEI common stock.
F7: The performance stock units vest in accordance with the vesting schedule of each PSU grant.
F8: This figure represents an aggregate number of performance stock units held by Reporting Person.
F9: Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F10: The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
F11: This figure represents an aggregate number of stock options held by Reporting Person.