David Cheung Hyen Chong - Feb 12, 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)
Stock symbol
UEIC
Transactions as of
Feb 12, 2022
Transactions value $
-$727,494
Form type
4
Date filed
2/15/2022, 02:37 PM
Previous filing
Nov 15, 2021
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +615 +3.91% 16.3K Feb 13, 2022 Direct F1
holding UEIC Common Stock 5.11K Feb 12, 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 -$727K -11.1K -16.02% $65.54* 58.2K Feb 12, 2022 Common Stock 11.1K $65.54 Direct F3, F4
transaction UEIC Restricted Stock Units Options Exercise $0 -615 -7.95% $0.00 7.12K Feb 13, 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.