Satjiv S. Chahil - Jul 1, 2024 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
Director
Signature
/s/Satjiv S. Chahil, by Richard A. Firehammer, Jr., pursuant to Limited Power of Attorney dated January 22, 2003
Stock symbol
UEIC
Transactions as of
Jul 1, 2024
Transactions value $
$0
Form type
4
Date filed
7/2/2024, 06:35 PM
Previous filing
Apr 2, 2024
Next filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +1.25K +0.96% 131K Jul 1, 2024 See Footnote #2 F1, F2

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 -1.25K -100% $0.00* 0 Jul 1, 2024 Common Stock 1.25K Direct F1, F3
transaction UEIC Restricted Stock Units Award $0 +5K $0.00 5K Jul 1, 2024 Common Stock 5K Direct F1, F4
* 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 These shares are held in the Satjiv Chahil Trust Account. Mr. Chahil disclaims ownership of the shares held by the Trust
F3 These restricted stock units are one-fourth of the total granted on July 1, 2023, which original grant was awarded as director compensation and generally vests and is paid quarterly on the first day following the end of each calendar quarter.
F4 Restricted stock units awarded on July 1, 2024 as director compensation and generally vests and are paid quarterly over a period ending July 1, 2025.