GREGORY STAPLETON - 01 Apr 2022 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
Director
Signature
/s/Gregory P. Stapleton, by Richard A. Firehammer, Jr., pursuant to Limited Power of Attorney dated April 24, 2008 (attached)
Issuer symbol
UEIC
Transactions as of
01 Apr 2022
Net transactions value
-$19,678
Form type
4
Filing time
04 Apr 2022, 18:09:12 UTC
Previous filing
04 Jan 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 +1,250 +3.4% 38,226 01 Apr 2022 Direct F1
transaction UEIC Common Stock Tax liability $19,678 -625 -1.6% $31.48 37,601 01 Apr 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 -1,250 -50% $0.000000 1,250 01 Apr 2022 Common Stock 1,250 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 These shares are valued at $31.485 which is the high/low average of the price on the vesting date (4/1/2022).
F4 The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.