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UNIVERSAL ELECTRONICS INC — Director's Dealing 2024
Feb 13, 2024
34452_dirs_2024-02-13_8a91307a-8379-4ea3-9de5-d8cd8951ca8e.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: 2024-02-09
Reporting Person: ARLING PAUL D (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-09 | Common Stock | M | 18843 | — | Acquired | 277787 | Indirect |
| 2024-02-09 | Common Stock | F | 8502 | $8.615 | Disposed | 269285 | Indirect |
| 2024-02-10 | Common Stock | M | 2532 | — | Acquired | 271817 | Indirect |
| 2024-02-10 | Common Stock | F | 1059 | $8.615 | Disposed | 270758 | Indirect |
| 2024-02-11 | Common Stock | M | 1472 | — | Acquired | 272230 | Indirect |
| 2024-02-11 | Common Stock | F | 616 | $8.615 | Disposed | 271614 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-09 | Restricted Stock Units | $ | M | 18843 | Disposed | Common Stock (18843) | Direct | |
| 2024-02-10 | Restricted Stock Units | $ | M | 2532 | Disposed | Common Stock (2532) | Direct | |
| 2024-02-11 | Restricted Stock Units | $ | M | 1472 | Disposed | Common Stock (1472) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 11800 | Direct |
| Common Stock | 1000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Stock Units | $ | Common Stock (0) | 36000 | Direct | |
| Employee Stock Option (Rt to Buy) | $ | Common Stock (0) | 418830 | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
F2: These shares are held by the Arling Family Trust. Mr. Arling disclaims beneficial ownership of the shares held by the Trust.
F3: This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
F4: Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan
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.