Eric Singer - 01 Jan 2024 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role: Director, 10%+ Owner
Signature: /s/ Eric Singer
Issuer symbol: UEIC
Transactions as of: 01 Jan 2024
Net transaction value: $0
Form type: 4
Filing time: 03 Jan 2024, 16:58:03 UTC
Previous filing: 02 Oct 2023
Next filing: 02 Apr 2024
SEC filing: View on sec.gov

Key filing fact

Eric Singer filed Form 4 for UNIVERSAL ELECTRONICS INC (UEIC) on 03 Jan 2024.

Key facts

This page summarizes Eric Singer's Form 4 filing for UNIVERSAL ELECTRONICS INC (UEIC).
2 reported transactions and 1 derivative row are listed below.
Filing timestamp: 03 Jan 2024, 16:58.

Change

Previous filing in this sequence was filed on 02 Oct 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported transactions

UEIC transaction

Common Stock

Award

Transaction value: $0
Shares: +153
Change %
Price: $0.000000
Shares after: 153
Date: 01 Jan 2024
Ownership: Direct
Footnotes: F1, F2, F3

UEIC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,544,647
Date: 01 Jan 2024
Ownership: By Group
Footnotes: F1, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

UEIC transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +2,500
Change %
Price: $0.000000
Shares after: 2,500
Date: 01 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,500
Exercise price
Footnotes: F5, F6, F7

An asterisk next to the price means the reported price is likely invalid.

Explanation of Responses:

Id	Content
F1	This Form 4 is filed jointly by Eric Singer, Toro 18 Holdings LLC ("Toro 18"), Immersion Corporation ("Immersion") and William C. Martin (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a group for purposes of Section 13(d) of the Securities Exchange Act of 1934 that collectively beneficially owns over 10% of the Issuer's outstanding shares of Common Stock. Mr. Singer is also a member of the board of directors of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
F2	Shares of the Issuer's Common Stock awarded on January 1, 2024 to Mr. Singer as pro rata director compensation, which shares are owned directly by Mr. Singer.
F3	Shares of the Issuer's Common Stock owned directly by Mr. Singer.
F4	Shares of the Issuer's Common Stock owned directly by Toro 18. Immersion, as the sole member of Toro 18, may be deemed to beneficially own the shares owned directly by Toro 18. Mr. Martin, as the Chief Strategy Officer of Toro 18, may be deemed to beneficially own the shares owned directly by Toro 18. Mr. Singer, as the President and Chief Executive Officer of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18.
F5	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F6	Restricted stock units awarded on January 1, 2024 to Mr. Singer as pro rata director compensation and generally vest and are paid quarterly over a period ending July 1, 2024, which restricted units are owned directly by Mr. Singer.
F7	Restricted Stock Units owned directly by Mr. Singer.