Bryan M. Hackworth - May 12, 2021 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
SVP and CFO
Signature
/s/Bryan M. Hackworth, by Richard A. Firehammer, Jr., pursuant to Limited Power of Attorney dated August 5, 2006 (attached)
Stock symbol
UEIC
Transactions as of
May 12, 2021
Transactions value $
-$36,072
Form type
4
Date filed
5/14/2021, 06:01 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 +542 +1.13% 48.6K May 12, 2021 Direct F1
transaction UEIC Common Stock Tax liability -$13.4K -285 -0.59% $47.07 48.3K May 12, 2021 Direct F2, F3
transaction UEIC Common Stock Options Exercise +924 +1.91% 49.2K May 13, 2021 Direct F1
transaction UEIC Common Stock Tax liability -$22.7K -486 -0.99% $46.62 48.8K May 13, 2021 Direct F2, F3

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 -542 -4.14% $0.00 12.5K May 12, 2021 Common Stock 542 Direct F1, F4
transaction UEIC Restricted Stock Units Options Exercise $0 -924 -7.37% $0.00 11.6K May 13, 2021 Common Stock 924 Direct F1, F4
holding UEIC Employee Stock Option (Rt. To Buy) 140K May 12, 2021 Common Stock 0 Direct F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
F2 This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
F3 Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F4 The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.
F5 Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F6 The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
F7 This figure represents an aggregate number of stock options held by Reporting Person.