PAUL D. ARLING - 12 Nov 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)
Issuer symbol
UEIC
Transactions as of
12 Nov 2021
Net transactions value
-$72,248
Form type
4
Filing time
15 Nov 2021, 18:09:08 UTC
Previous filing
16 Aug 2021
Next filing
29 Dec 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 +1,895 +0.87% 219,607 12 Nov 2021 By Trust (See Footnote #2) F1, F2
transaction UEIC Common Stock Tax liability $35,144 -897 -0.41% $39.18 218,710 12 Nov 2021 By Trust (See Footnote #2) F2, F3, F4
transaction UEIC Common Stock Options Exercise +2,001 +0.91% 220,711 13 Nov 2021 By Trust (See Footnote #2) F1, F2
transaction UEIC Common Stock Tax liability $37,103 -947 -0.43% $39.18 219,764 13 Nov 2021 By Trust (See Footnote #2) F2, F3, F4
holding UEIC Common Stock 1,800 12 Nov 2021 Direct
holding UEIC Common Stock 1,000 12 Nov 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 -1,895 -5.6% $0.000000 32,164 12 Nov 2021 Common Stock 1,895 Direct F1, F5
transaction UEIC Restricted Stock Units Options Exercise $0 -2,001 -6.2% $0.000000 30,163 13 Nov 2021 Common Stock 2,001 Direct F1, F5
holding UEIC Employee Stock Option (Rt to Buy) 419,405 12 Nov 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 Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
F2 These shares are held by the Arling Family Trust. Reporting person disclaims ownership of the shares.
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.