Gregory Stapleton - Apr 1, 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)
Stock symbol
UEIC
Transactions as of
Apr 1, 2022
Transactions value $
-$19,678
Form type
4
Date filed
4/4/2022, 06:09 PM
Previous filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +1.25K +3.38% 38.2K Apr 1, 2022 Direct F1
transaction UEIC Common Stock Tax liability -$19.7K -625 -1.64% $31.49 37.6K Apr 1, 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 -1.25K -50% $0.00 1.25K Apr 1, 2022 Common Stock 1.25K 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.