| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HEAR | Common Stock | Options Exercise | +3.36K | +17.22% | 22.9K | Apr 1, 2022 | Direct | F1 | ||
| transaction | HEAR | Common Stock | Options Exercise | +5K | +21.87% | 27.9K | Apr 1, 2022 | Direct | F2 | ||
| transaction | HEAR | Common Stock | Options Exercise | +6.88K | +24.67% | 34.7K | Apr 1, 2022 | Direct | F2 | ||
| transaction | HEAR | Common Stock | Options Exercise | +4.5K | +12.95% | 39.2K | Apr 1, 2022 | Direct | F2 | ||
| transaction | HEAR | Common Stock | Tax liability | -$190K | -8.84K | -22.54% | $21.51 | 30.4K | Apr 1, 2022 | Direct | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HEAR | Performance Stock Units | Options Exercise | $0 | -3.36K | -100% | $0.00* | 0 | Apr 1, 2022 | Common Stock | 3.36K | Direct | F4, F5 | |
| transaction | HEAR | Restricted Stock Units | Options Exercise | $0 | -5K | -50% | $0.00 | 5K | Apr 1, 2022 | Common Stock | 5K | Direct | F6, F7 | |
| transaction | HEAR | Restricted Stock Units | Options Exercise | $0 | -6.88K | -33.33% | $0.00 | 13.8K | Apr 1, 2022 | Common Stock | 6.88K | Direct | F6, F8 | |
| transaction | HEAR | Restricted Stock Units | Options Exercise | $0 | -4.5K | -25% | $0.00 | 13.5K | Apr 1, 2022 | Common Stock | 4.5K | Direct | F6, F9 | |
| transaction | HEAR | Restricted Stock Units | Award | $0 | +24K | $0.00 | 24K | Apr 1, 2022 | Common Stock | 24K | Direct | F6, F10 | ||
| holding | HEAR | Stock Option (Right to Buy) | 2.7K | Apr 1, 2022 | Common Stock | 2.7K | $2.04 | Direct | F11 | |||||
| holding | HEAR | Stock Option (Right to Buy) | 14.2K | Apr 1, 2022 | Common Stock | 14.2K | $12.10 | Direct | F12 | |||||
| holding | HEAR | Stock Option (Right to Buy) | 33.2K | Apr 1, 2022 | Common Stock | 33.2K | $5.95 | Direct | F13 | |||||
| holding | HEAR | Stock Option (Right to Buy) | 29.4K | Apr 1, 2022 | Common Stock | 29.4K | $3.12 | Direct | F14 |
| Id | Content |
|---|---|
| F1 | Performance stock units were converted into common stock on a one-for-one basis. |
| F2 | Restricted stock units were converted into common stock on a one-for-one basis. |
| F3 | Represents shares withheld to satisfy tax withholding obligations upon the vesting of the shares of restricted stock and performance stock awarded to the reporting person. |
| F4 | The securities are performance stock units representing a contingent right to receive one share of Turtle Beach Corporation common stock. |
| F5 | Acquired upon achievement of certain performance criteria pursuant to one-third of the performance stock units granted April 1, 2021 under the Turtle Beach Corporation Stock Based 2013 Incentive Compensation Plan. The vesting of performance stock units is determined over a three-year period based on (i) the amount by which revenue growth exceeds a defined baseline market growth each year and (ii) the achievement of specified tiers of adjusted EBITDA as a percentage of net revenue each year, with the ability to earn and vest into such units ranging from 0% to 200%. These performance stock units vested on April 1, 2022. |
| F6 | The securities are restricted stock units representing a contingent right to receive one share of Turtle Beach Corporation common stock, or cash with a value equal to the fair market value of the underlying common stock, or a combination thereof. |
| F7 | These restricted stock units vest in equal annual installments until April 1, 2023. |
| F8 | These restricted stock units vest in equal annual installments until April 1, 2024. |
| F9 | These restricted stock units vest in equal annual installments until April 1, 2025. |
| F10 | One-quarter of these restricted stock units will vest on April 1, 2023, with the remainder of the restricted stock units vesting in equal annual installments until April 1, 2026. |
| F11 | All options were exercisable as of the transaction date. |
| F12 | All exercised options were exercisable as of the transaction date, with the remainder options scheduled to vest in equal monthly installments until April 1, 2023. |
| F13 | All exercised options were exercisable as of the transaction date, with the remainder options scheduled to vest in equal monthly installments until April 1, 2024. |
| F14 | These options are scheduled to vest in equal monthly installments until April 11, 2022. |