Paul D. Arling - May 12, 2021 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
CEO, Director
Signature
/s/Paul D. Arling, by Richard A. Firehammer, Jr., pursuant to Limited Power of Attorney dated January 22, 2003 (attached)
Stock symbol
UEIC
Transactions as of
May 12, 2021
Transactions value $
-$86,371
Form type
4
Date filed
5/14/2021, 06:00 PM
Next filing
Aug 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +1.9K +0.89% 216K May 12, 2021 By Trust (See Footnote #1) F1, F2
transaction UEIC Common Stock Tax liability -$42.2K -897 -0.42% $47.07 215K May 12, 2021 By Trust (See Footnote #1) F1, F3, F4
transaction UEIC Common Stock Options Exercise +2K +0.93% 217K May 13, 2021 By Trust (See Footnote #1) F1, F2
transaction UEIC Common Stock Tax liability -$44.1K -947 -0.44% $46.62 216K May 13, 2021 By Trust (See Footnote #1) F1, F3, F4
holding UEIC Common Stock 1.8K May 12, 2021 Direct
holding UEIC Common Stock 214K May 12, 2021 By Trust (See Footnote #1) F1
holding UEIC Common Stock 1K May 12, 2021 By Spouse

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 -1.9K -4.53% $0.00 40K May 12, 2021 Common Stock 1.9K Direct F2, F5
transaction UEIC Restricted Stock Units Options Exercise $0 -2K -5.01% $0.00 38K May 13, 2021 Common Stock 2K Direct F2, F5
holding UEIC Employee Stock Option (Rt to Buy) 419K May 12, 2021 Common Stock 0 Direct F6, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by the Arling Family Trust. All of the shares now being reported as held indirectly by the Trust (except for those shares newly acquired in the transaction reported on this Form 4) were previously reported as held directly by the Reporting Person in prior reports.
F2 Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
F3 This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
F4 Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F5 The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.
F6 Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F7 The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
F8 This figure represents an aggregate number of stock options held by Reporting Person.