John T. Hanson - 17 Nov 2021 Form 4 Insider Report for Turtle Beach Corp (TBCH)

Signature
/s/John T. Hanson
Issuer symbol
TBCH
Transactions as of
17 Nov 2021
Net transactions value
-$1,798,935
Form type
4
Filing time
19 Nov 2021, 17:50:04 UTC
Previous filing
18 Aug 2021
Next filing
18 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HEAR Common Stock Options Exercise $18,932 +1,146 +5.9% $16.52 20,653 17 Nov 2021 Direct
transaction HEAR Common Stock Options Exercise $121,000 +10,000 +48% $12.10 30,653 17 Nov 2021 Direct
transaction HEAR Common Stock Sale $305,595 -11,146 -36% $27.42 19,507 17 Nov 2021 Direct F1
transaction HEAR Common Stock Options Exercise $191,579 +15,833 +81% $12.10 35,340 18 Nov 2021 Direct
transaction HEAR Common Stock Options Exercise $129,532 +21,770 +62% $5.95 57,110 18 Nov 2021 Direct
transaction HEAR Common Stock Options Exercise $45,250 +6,250 +11% $7.24 63,360 18 Nov 2021 Direct
transaction HEAR Common Stock Sale $1,203,673 -43,853 -69% $27.45 19,507 18 Nov 2021 Direct F2
transaction HEAR Common Stock Options Exercise $40,043 +8,630 +44% $4.64 28,137 19 Nov 2021 Direct
transaction HEAR Common Stock Options Exercise $48,587 +23,817 +85% $2.04* 51,954 19 Nov 2021 Direct
transaction HEAR Common Stock Sale $865,953 -31,783 -61% $27.25 20,171 19 Nov 2021 Direct F3
transaction HEAR Common Stock Sale $18,636 -664 -3.3% $28.07 19,507 19 Nov 2021 Direct F4

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 HEAR Stock Option (Right to Buy) Options Exercise $0 -1,146 -100% $0.000000* 0 17 Nov 2021 Common Stock 1,146 $16.52 Direct F5
transaction HEAR Stock Option (Right to Buy) Options Exercise $0 -10,000 -25% $0.000000 30,000 17 Nov 2021 Common Stock 10,000 $12.10 Direct F6
transaction HEAR Stock Option (Right to Buy) Options Exercise $0 -15,833 -53% $0.000000 14,167 18 Nov 2021 Common Stock 15,833 $12.10 Direct F6
transaction HEAR Stock Option (Right to Buy) Options Exercise $0 -21,770 -40% $0.000000 33,230 18 Nov 2021 Common Stock 21,770 $5.95 Direct F7
transaction HEAR Stock Option (Right to Buy) Options Exercise $0 -6,250 -100% $0.000000* 0 18 Nov 2021 Common Stock 6,250 $7.24 Direct F5
transaction HEAR Stock Option (Right to Buy) Options Exercise $0 -8,630 -100% $0.000000* 0 19 Nov 2021 Common Stock 8,630 $4.64 Direct F5
transaction HEAR Stock Option (Right to Buy) Options Exercise $0 -23,817 -90% $0.000000 2,696 19 Nov 2021 Common Stock 23,817 $2.04 Direct F5
holding HEAR Restricted Stock Units 10,000 17 Nov 2021 Common Stock 10,000 Direct F8, F9
holding HEAR Restricted Stock Units 20,625 17 Nov 2021 Common Stock 20,625 Direct F8, F10
holding HEAR Restricted Stock Units 18,000 17 Nov 2021 Common Stock 18,000 Direct F8, F11
holding HEAR Stock Option (Right to Buy) 29,391 17 Nov 2021 Common Stock 29,391 $3.12 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $27.207 to $27.56 per share. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F2 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $27 to $27.775 per share. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F3 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $27 to $27.977 per share. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F4 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $28.019 to $28.1075 per share. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F5 All options were exercisable as of the transaction date.
F6 All exercised options were exercisable as of the transaction date, with the remainder options scheduled to vest in equal monthly installments until April 1, 2023.
F7 All exercised options were exercisable as of the transaction date, with the remainder options scheduled to vest in equal monthly installments until April 1, 2024.
F8 The securities are restricted stock units representing a contingent right to receive one share of Turtle Beach Corporation common stock, or cash with a value equal to the fair market value of the underlying common stock, or a combination thereof.
F9 These restricted stock units vest in equal annual installments until April 1, 2023.
F10 These restricted stock units vest in equal annual installments until April 1, 2024.
F11 One-quarter of these restricted stock units will vest on April 1, 2022, with the remainder of the restricted stock units vesting in equal annual installments until April 1, 2025.
F12 These options are scheduled to vest in equal monthly installments until April 11, 2022.