Juergen Stark - May 17, 2022 Form 4 Insider Report for Turtle Beach Corp (HEAR)

Signature
/s/Juergen Stark
Stock symbol
HEAR
Transactions as of
May 17, 2022
Transactions value $
$0
Form type
4
Date filed
5/19/2022, 04:24 PM
Previous filing
Apr 4, 2022
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HEAR Common Stock 143K May 17, 2022 Direct

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 HEAR Restricted Stock Unit Award $0 +9.57K $0.00 9.57K May 17, 2022 Common Stock 9.57K Direct F1, F2
holding HEAR Restricted Stock Unit 28.8K May 17, 2022 Common Stock 28.8K Direct F1, F3
holding HEAR Restricted Stock Unit 13.3K May 17, 2022 Common Stock 13.3K Direct F1, F4
holding HEAR Restricted Stock Unit 37.5K May 17, 2022 Common Stock 37.5K Direct F1, F5
holding HEAR Restricted Stock Unit 65K May 17, 2022 Common Stock 65K Direct F1, F6
holding HEAR Stock Option (Right to Buy) 70K May 17, 2022 Common Stock 70K $7.24 Direct F7
holding HEAR Stock Option (Right to Buy) 113K May 17, 2022 Common Stock 113K $4.64 Direct F7
holding HEAR Stock Option (Right to Buy) 92.5K May 17, 2022 Common Stock 92.5K $2.04 Direct F7
holding HEAR Stock Option (Right to Buy) 113K May 17, 2022 Common Stock 113K $3.12 Direct F8
holding HEAR Stock Option (Right to Buy) 105K May 17, 2022 Common Stock 105K $12.10 Direct F9
holding HEAR Stock Option (Right to Buy) 115K May 17, 2022 Common Stock 115K $5.95 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 These restricted stock units will vest in full on May 17, 2023, subject to continued employment in good standing through such date.
F3 These restricted stock units vest in equal annual installments until April 1, 2024.
F4 These restricted stock units vest in equal annual installments until April 1, 2023.
F5 These restricted stock units vest in equal annual installments until April 1, 2025.
F6 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.
F7 All options were exercisable as of the transaction date.
F8 These options are scheduled to vest in equal monthly installments until April 11, 2022.
F9 These options are scheduled to vest in equal monthly installments until April 1, 2023.
F10 These options are scheduled to vest in equal monthly installments until April 1, 2024.