GREGORY STAPLETON - 01 Jul 2021 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role: Director
Signature: /s/Gregory P. Stapleton, by Richard A. Firehammer, Jr., pursuant to Limited Power of Attorney dated April 24, 2008
Issuer symbol: UEIC
Transactions as of: 01 Jul 2021
Transactions value $: -$30,441
Form type: 4
Filing time: 02 Jul 2021, 17:49:19 UTC
Next filing: 05 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UEIC	Common Stock	Options Exercise		+1.25K	+3.56%		36.4K	01 Jul 2021	Direct	F1
transaction	UEIC	Common Stock	Tax liability	-$30.4K	-625	-1.72%	$48.71^*	35.7K	01 Jul 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	-1.25K	-100%	$0.00^*	0	01 Jul 2021	Common Stock	1.25K		Direct	F1, F4
transaction	UEIC	Restricted Stock Units	Award	$0	+5K		$0.00	5K	01 Jul 2021	Common Stock	5K		Direct	F1, F5

* 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 current Directors Compensation Plan.
F4	These restricted stock units are one-fourth of the total granted on July 1, 2020, which original grant was awarded as director compensation and generally vests and is paid quarterly over a period ending July 1, 2021.
F5	Restricted stock units awarded on July 1, 2021 as director compensation and generally vests and are paid quarterly over a period ending July 1, 2022.