Toro 18 Holdings Llc - Nov 3, 2023 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
10%+ Owner
Signature
Toro 18 Holdings LLC, By: /s/ Eric Singer, President and CEO
Stock symbol
UEIC
Transactions as of
Nov 3, 2023
Transactions value $
$599,770
Form type
4
Date filed
11/7/2023, 05:57 PM
Previous filing
Oct 31, 2023
Next filing
Nov 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Purchase $204K +25K +1.87% $8.16 1.36M Nov 3, 2023 Direct F1, F2
transaction UEIC Common Stock Purchase $396K +49K +3.59% $8.09 1.41M Nov 7, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by Toro 18 Holdings LLC ("Toro 18"), Immersion Corporation ("Immersion"), William C. Martin and Eric Singer (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a group for purposes of Section 13(d) of the Securities Exchange Act of 1934 that collectively beneficially owns over 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
F2 Securities owned directly by Toro 18. Immersion, as the sole member of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18. Mr. Martin, as the Chief Strategy Officer of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18. Mr. Singer, as the President and Chief Executive Officer of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18.
F3 The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.9650 to $8.1000. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.