Toro 18 Holdings Llc - Dec 5, 2023 Form 4/A 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
Dec 5, 2023
Transactions value $
$200,774
Form type
4/A
Date filed
12/20/2023, 07:30 PM
Date Of Original Report
Dec 6, 2023
Previous filing
Dec 6, 2023
Next filing
Jun 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Purchase $115K +14.9K +0.98% $7.73 1.53M Dec 5, 2023 Direct F1, F2, F3, F4
transaction UEIC Common Stock Purchase $85.7K +11.3K +0.74% $7.60 1.54M Dec 6, 2023 Direct F1, F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4/A 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 On December 6, 2023, the Reporting Persons filed a Form 4 (the "Form 4") which reported that Toro 18 purchased 14,380 shares of Common Stock on December 5, 2023 at an average price of $7.7308 per share, and that Toro 18 owned directly 1,532,866 shares of Common Stock following the transaction. In fact, as reported in this amendment, Toro 18 purchased 14,880 shares of Common Stock on December 5, 2023 at an average price of $7.7311 per share, and Toro 18 owned directly 1,533,366 shares of Common Stock following the transaction.
F4 The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.6800 to $7.7400. 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.
F5 On December 6, 2023, the Reporting Persons filed the Form 4 reporting that Toro 18 owned directly 1,544,147 shares of Common Stock following the transaction on December 6, 2023. In fact, as reported in this amendment, Toro 18 owned directly 1,544,647 shares of Common Stock following the transaction on December 6, 2023.