Paul D. Arling - Feb 11, 2022 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
Feb 11, 2022
Transactions value $
-$2,285,444
Form type
4
Date filed
2/15/2022, 02:37 PM
Previous filing
Feb 11, 2022
Next filing
May 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +5.89K +2.58% 234K Feb 11, 2022 By Trust (See Footnot #2) F1, F2
transaction UEIC Common Stock Tax liability -$104K -2.94K -1.25% $35.32 231K Feb 11, 2022 By Trust (See Footnote #2) F2, F3, F4
transaction UEIC Common Stock Options Exercise +1.9K +0.82% 233K Feb 12, 2022 By Trust (See Footnote #2) F1, F2
transaction UEIC Common Stock Tax liability -$31.7K -897 -0.38% $35.32 232K Feb 12, 2022 By Trust (See Footnote #2) F2, F3, F4
transaction UEIC Common Stock Options Exercise +2K +0.86% 234K Feb 13, 2022 By Trust (See Footnote #2) F1, F2
transaction UEIC Common Stock Tax liability -$33.4K -947 -0.4% $35.32 233K Feb 13, 2022 By Trust (See Footnote #2) F2, F3, F4
holding UEIC Common Stock 1.8K Feb 11, 2022 Direct
holding UEIC Common Stock 1K Feb 11, 2022 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 -5.89K -9.73% $0.00 54.7K Feb 11, 2022 Common Stock 5.89K Direct F1, F5
transaction UEIC Restricted Stock Units Options Exercise $0 -1.9K -3.47% $0.00 52.8K Feb 12, 2022 Common Stock 1.9K Direct F1, F5
transaction UEIC Employee Stock Option (Rt to Buy) Other -$2.12M -32.3K -7.05% $65.54* 426K Feb 12, 2022 Common Stock 32.3K $65.54 Direct F6, F7
transaction UEIC Restricted Stock Units Options Exercise $0 -2K -3.79% $0.00 50.8K Feb 13, 2022 Common Stock 2K Direct F1, F5
* 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 These Stock Options expired without exercise.
F7 This figure represents an aggregate number of stock options held by Reporting Person.