Paul D. Arling - Nov 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
Nov 12, 2021
Transactions value $
-$72,248
Form type
4
Date filed
11/15/2021, 06:09 PM
Previous filing
Aug 16, 2021
Next filing
Dec 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +1.9K +0.87% 220K Nov 12, 2021 By Trust (See Footnote #2) F1, F2
transaction UEIC Common Stock Tax liability -$35.1K -897 -0.41% $39.18 219K Nov 12, 2021 By Trust (See Footnote #2) F2, F3, F4
transaction UEIC Common Stock Options Exercise +2K +0.91% 221K Nov 13, 2021 By Trust (See Footnote #2) F1, F2
transaction UEIC Common Stock Tax liability -$37.1K -947 -0.43% $39.18 220K Nov 13, 2021 By Trust (See Footnote #2) F2, F3, F4
holding UEIC Common Stock 1.8K Nov 12, 2021 Direct
holding UEIC Common Stock 1K Nov 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 -5.56% $0.00 32.2K Nov 12, 2021 Common Stock 1.9K Direct F1, F5
transaction UEIC Restricted Stock Units Options Exercise $0 -2K -6.22% $0.00 30.2K Nov 13, 2021 Common Stock 2K Direct F1, F5
holding UEIC Employee Stock Option (Rt to Buy) 419K Nov 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 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.