Gregory Stapleton - Jan 1, 2022 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 (attached)
Stock symbol
UEIC
Transactions as of
Jan 1, 2022
Transactions value $
-$25,553
Form type
4
Date filed
1/4/2022, 04:36 PM
Previous filing
Oct 5, 2021
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +1.25K +3.44% 37.6K Jan 1, 2022 Direct F1
transaction UEIC Common Stock Tax liability -$25.6K -625 -1.66% $40.89 37K Jan 1, 2022 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 -33.33% $0.00 2.5K Jan 1, 2022 Common Stock 1.25K Direct F1, F4
* 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, 2021, which original grant was awarded as director compensation and generally vests and is paid quarterly on the first day following the end of each calendar quarter.