Peter A. Lesser - Jul 25, 2023 Form 4 Insider Report for VOXX International Corp (VOXX)

Role
Former Director of Voxx
Signature
/s/ Peter A. Lesser
Stock symbol
VOXX
Transactions as of
Jul 25, 2023
Transactions value $
$0
Form type
4
Date filed
9/15/2023, 10:55 AM
Previous filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VOXX Class A Common Stock Conversion of derivative security $0 +10K +50% $0.00 30K Jul 25, 2023 Direct F1

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 VOXX SERP Restricted Stock Units Disposed to Issuer $0 +10K $0.00* 0 Jul 25, 2023 Class A Common 10K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Peter A. Lesser is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This Form 4 reports the vesting and settlement of grants of restricted stock units ("RSUs") pursuant to the Issuer's 2014 Omnibus Equity Incentive Plan (the "Plan"), which grant was previously reported on a Form 4 filed with the SEC on October 14, 2020. At the time of vesting and settlement, the Issuer, in its sole discretion, paid the RSUs in the form of Class A Common Stock.
F2 Each RSU represented a contingent right to receive, upon settlement, either (a) one share of Class A Common Stock or (b) a cash payment equal to the fair market value of one share of Class A Common Stock.
F3 Represents the aggregate number of RSUs which had vested and were settled in Class A Common Shares on July 25, 2023.
F4 The vested balance in the reporting person's SERP account is payable in cash, Class A Common Stock, or a combination of both following a Participant's termination of service.