Richard K. Carnifax - 09 May 2024 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
S.V.P. Global Operations
Signature
/s/Richard K. Carnifax, by Kristin Cazarez, pursuant to Limited Power of Attorney dated May 7, 2024
Issuer symbol
UEIC
Transactions as of
09 May 2024
Net transactions value
-$4,346
Form type
4
Filing time
10 May 2024, 15:54:59 UTC
Previous filing
26 Feb 2024
Next filing
13 Aug 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 +673 +10% 7,190 09 May 2024 Direct F1
transaction UEIC Common Stock Tax liability $4,346 -317 -4.4% $13.71 6,873 09 May 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 -673 -3.2% $0.000000 20,644 09 May 2024 Common Stock 673 Direct F1, F4
holding UEIC Performance Stock Units 14,001 09 May 2024 Common Stock 0 Direct F5, F6, F7
holding UEIC Employee Stock Option (Rt to Buy) 18,465 09 May 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.