Bryan M. Hackworth - 11 Feb 2022 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
SVP and CFO
Signature
/s/Bryan M. Hackworth, by Richard A. Firehammer, Jr., pursuant to Limited Power of Attorney dated August 5, 2006 (attached)
Issuer symbol
UEIC
Transactions as of
11 Feb 2022
Net transactions value
-$726,544
Form type
4
Filing time
15 Feb 2022, 14:38:30 UTC
Previous filing
11 Feb 2022
Next filing
13 May 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 +1,683 +3.4% 51,825 11 Feb 2022 Direct F1
transaction UEIC Common Stock Tax liability $35,073 -993 -1.9% $35.32 50,832 11 Feb 2022 Direct F2, F3
transaction UEIC Common Stock Options Exercise +542 +1.1% 51,374 12 Feb 2022 Direct F1
transaction UEIC Common Stock Tax liability $11,302 -320 -0.62% $35.32 51,054 12 Feb 2022 Direct F2, F3
transaction UEIC Common Stock Options Exercise +923 +1.8% 51,977 13 Feb 2022 Direct F1
transaction UEIC Common Stock Tax liability $18,543 -525 -1% $35.32 51,452 13 Feb 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 -1,683 -9.7% $0.000000 15,677 11 Feb 2022 Common Stock 1,683 Direct F1, F4
transaction UEIC Restricted Stock Units Options Exercise $0 -542 -3.5% $0.000000 15,135 12 Feb 2022 Common Stock 542 Direct F1, F4
transaction UEIC Employee Stock Option (Rt. To Buy) Other $661,626 -10,095 -6.3% $65.54* 150,470 12 Feb 2022 Common Stock 10,095 $65.54 Direct F5, F6
transaction UEIC Restricted Stock Units Options Exercise $0 -923 -6.1% $0.000000 14,212 13 Feb 2022 Common Stock 923 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 applicable Stock Incentive Plan.
F4 The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.
F5 These stock options expired without exercise.
F6 This figure represents an aggregate number of stock options held by Reporting Person.