John T. Hanson - 17 May 2022 Form 4 Insider Report for Turtle Beach Corp (TBCH)

Role
CFO, Treasurer and Secretary
Signature
/s/John T. Hanson
Issuer symbol
TBCH
Transactions as of
17 May 2022
Net transactions value
$0
Form type
4
Filing time
19 May 2022, 16:27:46 UTC
Previous filing
04 Apr 2022
Next filing
04 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HEAR Common Stock 30,398 17 May 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 Units Award $0 +5,980 $0.000000 5,980 17 May 2022 Common Stock 5,980 Direct F1, F2
holding HEAR Restricted Stock Units 5,000 17 May 2022 Common Stock 5,000 Direct F1, F3
holding HEAR Restricted Stock Units 13,750 17 May 2022 Common Stock 13,750 Direct F1, F4
holding HEAR Restricted Stock Units 13,500 17 May 2022 Common Stock 13,500 Direct F1, F5
holding HEAR Restricted Stock Units 24,000 17 May 2022 Common Stock 24,000 Direct F1, F6
holding HEAR Stock Option (Right to Buy) 2,696 17 May 2022 Common Stock 2,696 $2.04 Direct F7
holding HEAR Stock Option (Right to Buy) 14,167 17 May 2022 Common Stock 14,167 $12.10 Direct F8
holding HEAR Stock Option (Right to Buy) 33,230 17 May 2022 Common Stock 33,230 $5.95 Direct F9
holding HEAR Stock Option (Right to Buy) 29,391 17 May 2022 Common Stock 29,391 $3.12 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, 2023.
F4 These restricted stock units vest in equal annual installments until April 1, 2024.
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 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.
F9 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.
F10 These options are scheduled to vest in equal monthly installments until April 11, 2022.