David Cheung Hyen Chong - 12 Feb 2022 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
Executive Vice President -Asia
Signature
/s/David Cheung Hyen Chong by Valerie J. Ballard, pursuant to Limited Power of Attorney dated May 16, 2013 (attached)
Issuer symbol
UEIC
Transactions as of
12 Feb 2022
Net transactions value
-$727,494
Form type
4
Filing time
15 Feb 2022, 14:37:52 UTC
Previous filing
15 Nov 2021
Next filing
28 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +615 +3.9% 16,345 13 Feb 2022 Direct F1
holding UEIC Common Stock 5,112 12 Feb 2022 See Footnote #2 F2

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 Employee Stock Option (Rt. to Buy) Other $727,494 -11,100 -16% $65.54* 58,205 12 Feb 2022 Common Stock 11,100 $65.54 Direct F3, F4
transaction UEIC Restricted Stock Units Options Exercise $0 -615 -8% $0.000000 7,116 13 Feb 2022 Common Stock 615 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 in a tax deferred annuity company of which Mr. Chong owns 100% and as to which Mr. Chong disclaims beneficial ownership.
F3 These stock options expired without exercise.
F4 This figure represents an aggregate number of stock options held by Reporting Person.
F5 The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.