Cris Keirn - 01 Jul 2023 Form 3 Insider Report for Turtle Beach Corp (TBCH)

Role
Interim CEO
Signature
/s/ John T. Hanson, Attorney-in-fact for Cris Keirn
Issuer symbol
TBCH
Transactions as of
01 Jul 2023
Net transactions value
$0
Form type
3
Filing time
10 Jul 2023, 13:08:54 UTC
Next filing
02 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HEAR Common Stock 9,832 01 Jul 2023 Direct

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
holding HEAR Restricted Stock Units 01 Jul 2023 Common Stock 6,875 Direct F1, F2
holding HEAR Restricted Stock Units 01 Jul 2023 Common Stock 9,000 Direct F2, F3
holding HEAR Restricted Stock Units 01 Jul 2023 Common Stock 15,750 Direct F2, F4
holding HEAR Restricted Stock Units 01 Jul 2023 Common Stock 28,000 Direct F2, F5
holding HEAR Stock Option (Right to Buy) 01 Jul 2023 Common Stock 19,167 $12.10 Direct F6
holding HEAR Stock Option (Right to Buy) 01 Jul 2023 Common Stock 12,605 $5.95 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock unit awards ("RSUs") vest in equal annual installments until April 1, 2024. As of the date of this report, 20,625 RSUs have vested and 6,875 RSUs remain unvested.
F2 The securities are RSUs representing a contingent right to receive one share of Turtle Beach Corporation common stock, or cash with a value equal to the fair market value of the underlying common stock, or a combination thereof.
F3 These RSU awards vest in equal annual installments until April 1, 2025. As of the date of this report, 9,000 RSUs have vested and 9,000 RSUs remain unvested.
F4 These RSU awards vest in equal annual installments until April 1, 2026. As of the date of this report, 5,250 RSUs have vested and 15,750 RSUs remain unvested.
F5 These RSU awards vest in equal annual installments until April 1, 2027. As of the date of this report, 28,000 RSUs remain unvested.
F6 All options were exercisable as of the date of this report.
F7 These options are scheduled to vest in equal monthly installments until April 1, 2024. As of the date of this report, 2,292 of these options were fully vested.

Remarks:

Exhibit 24 - Power of Attorney