Ramzi Ammari - 09 Feb 2024 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
Sr.VP Corp Planning & Strategy
Signature
/s/Ramzi Ammari, by Valerie J. Ballard, pursuant to Limited Power of Attorney dated January 22, 2020
Issuer symbol
UEIC
Transactions as of
09 Feb 2024
Net transactions value
-$23,381
Form type
4
Filing time
13 Feb 2024, 15:29:41 UTC
Previous filing
09 Feb 2024
Next filing
13 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +4,712 +20% 28,084 09 Feb 2024 Direct F1
transaction UEIC Common Stock Tax liability $19,134 -2,221 -7.9% $8.62 25,863 09 Feb 2024 Direct F2, F3
transaction UEIC Common Stock Options Exercise +663 +2.6% 26,526 10 Feb 2024 Direct F1
transaction UEIC Common Stock Tax liability $2,688 -312 -1.2% $8.62 26,214 10 Feb 2024 Direct F2, F3
transaction UEIC Common Stock Options Exercise +385 +1.5% 26,599 11 Feb 2024 Direct F1
transaction UEIC Common Stock Tax liability $1,559 -181 -0.68% $8.62 26,418 11 Feb 2024 Direct F2, F3

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

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UEIC Restricted Stock Units Options Exercise $0 -4,712 -11% $0.000000 37,123 09 Feb 2024 Common Stock 4,712 Direct F1, F4
transaction UEIC Restricted Stock Units Options Exercise $0 -663 -1.8% $0.000000 36,460 10 Feb 2024 Common Stock 663 Direct F1, F4
transaction UEIC Restricted Stock Units Options Exercise $0 -385 -1.1% $0.000000 36,075 11 Feb 2024 Common Stock 385 Direct F1, F4
holding UEIC Performance Stock Units 24,000 09 Feb 2024 Common Stock 0 Direct F5, F6, F7
holding UEIC Employee Stock Option (Rt to Buy) 97,280 09 Feb 2024 Common Stock 0 Direct F8, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 The restricted stock units vest in accordance with the vesting schedule of each RSU grant.
F5 Each performance stock unit represents a contingent right to receive one share of UEI common stock.
F6 The performance stock units vest in accordance with the vesting schedule of each PSU Grant.
F7 This figure represents an aggregate number of performance stock units held by Reporting Person.
F8 Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F9 The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
F10 This figure represents an aggregate number of stock options held by Reporting Person.