Joseph Miketo - Jan 7, 2022 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
Sr. VP Operations
Signature
/s/Joseph Miketo by Valerie J. Ballard pursuant to Limited Power of Attorney dated January 22, 2020
Stock symbol
UEIC
Transactions as of
Jan 7, 2022
Transactions value $
-$22,251
Form type
4
Date filed
1/10/2022, 04:48 PM
Previous filing
Nov 15, 2021
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +1.17K +23.61% 6.12K Jan 7, 2022 Direct F1
transaction UEIC Common Stock Tax liability -$22.3K -568 -9.29% $39.18 5.55K Jan 7, 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 -1.17K -15.84% $0.00 6.21K Jan 7, 2022 Common Stock 1.17K Direct F1, F4
holding UEIC Employee Stock Option (Rt. To Buy) 14.7K Jan 7, 2022 Common Stock 0 Direct F5, F6, F7
* 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 applicable Stock Incentive Plan.
F4 The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.
F5 Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F6 The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
F7 This figure represents an aggregate number of stock options held by Reporting Person.