Bryan M. Hackworth - 09 May 2024 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Source evidence 5 source fields
Form type
4
Accepted by SEC
13 May 2024, 14:22:24 UTC
Previous filing
13 Feb 2024
Next filing
13 Aug 2024
SEC filing
View on sec.gov
Reporting owner 1 detail
Reporting owner signature
/s/Bryan M. Hackworth, by Kristin Cazarez, pursuant to Limited Power of Attorney dated May 8, 2024

Key filing fact

Bryan M. Hackworth filed Form 4 for UNIVERSAL ELECTRONICS INC (UEIC) on 13 May 2024.

Key facts

  • This page summarizes Bryan M. Hackworth's Form 4 filing for UNIVERSAL ELECTRONICS INC (UEIC).
  • 6 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 13 May 2024, 14:22.

Change

  • Previous filing in this sequence was filed on 13 Feb 2024.
  • Current net transaction value: -$14,725.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UEIC transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,346
Change %
+2.3%
Price
Shares after
60,658
Date
09 May 2024
Ownership
Hackworth Family Trust
Footnotes
F1, F2
UEIC transaction

Common Stock

Tax liability

Transaction value
$9,720
Shares
-709
Change %
-1.2%
Price
$13.71
Shares after
59,949
Date
09 May 2024
Ownership
Hackworth Family Trust
Footnotes
F2, F3, F4
UEIC transaction

Common Stock

Options Exercise

Transaction value
Shares
+723
Change %
+1.2%
Price
Shares after
60,672
Date
10 May 2024
Ownership
Hackworth Family Trust
Footnotes
F1, F2
UEIC transaction

Common Stock

Tax liability

Transaction value
$5,004
Shares
-381
Change %
-0.63%
Price
$13.14
Shares after
60,291
Date
10 May 2024
Ownership
Hackworth Family Trust
Footnotes
F2, F3, F4
UEIC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
11,200
Date
09 May 2024
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

UEIC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,346
Change %
-3.2%
Price
$0.000000
Shares after
40,313
Date
09 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,346
Exercise price
Footnotes
F1, F5
UEIC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-723
Change %
-1.8%
Price
$0.000000
Shares after
39,590
Date
10 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
723
Exercise price
Footnotes
F1, F5
UEIC holding Derivative

Performance Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
27,999
Date
09 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
0
Exercise price
Footnotes
F6, F7, F8
UEIC holding Derivative

Employee Stock Option (Rt to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
136,800
Date
09 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
0
Exercise price
Footnotes
F9, F10, F11
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 11 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of UEI common stock.

Footnote F2

These shares are held in the Hackworth Living Trust. Mr. Hackworth disclaims beneficial ownership of the shares.

Footnote F3

This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.

Footnote F4

Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.

Footnote F5

The restricted stock units vest in accordance with the vesting schedule of each RSU grant.

Footnote F6

Each performance stock unit represents a contingent right to receive one share of UEI common stock.

Footnote F7

The performance stock units vest in accordance with the vesting schedule of each PSU grant.

Footnote F8

This figure represents an aggregate number of performance stock units held by Reporting Person.

Footnote F9

Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.

Footnote F10

The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.

Footnote F11

This figure represents an aggregate number of stock options held by Reporting Person.

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