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

Role
CFO, Treasurer and Secretary
Signature
/s/John T. Hanson
Stock symbol
HEAR
Transactions as of
May 17, 2022
Transactions value $
$0
Form type
4
Date filed
5/19/2022, 04:27 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 30.4K 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 Units Award $0 +5.98K $0.00 5.98K May 17, 2022 Common Stock 5.98K Direct F1, F2
holding HEAR Restricted Stock Units 5K May 17, 2022 Common Stock 5K Direct F1, F3
holding HEAR Restricted Stock Units 13.8K May 17, 2022 Common Stock 13.8K Direct F1, F4
holding HEAR Restricted Stock Units 13.5K May 17, 2022 Common Stock 13.5K Direct F1, F5
holding HEAR Restricted Stock Units 24K May 17, 2022 Common Stock 24K Direct F1, F6
holding HEAR Stock Option (Right to Buy) 2.7K May 17, 2022 Common Stock 2.7K $2.04 Direct F7
holding HEAR Stock Option (Right to Buy) 14.2K May 17, 2022 Common Stock 14.2K $12.10 Direct F8
holding HEAR Stock Option (Right to Buy) 33.2K May 17, 2022 Common Stock 33.2K $5.95 Direct F9
holding HEAR Stock Option (Right to Buy) 29.4K May 17, 2022 Common Stock 29.4K $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.