PAUL D. ARLING - 11 Nov 2022 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
CEO, Director
Signature
/s/Paul D. Arling, by Richard A. Firehammer, Jr., pursuant to Limited Power of Attorney dated January 22, 2003 (attached)
Issuer symbol
UEIC
Transactions as of
11 Nov 2022
Net transactions value
-$32,288
Form type
4
Filing time
14 Nov 2022, 16:21:34 UTC
Previous filing
15 Aug 2022
Next filing
05 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +1,473 +0.62% 238,707 11 Nov 2022 By Trust (See Footnot #2) F1, F2
transaction UEIC Common Stock Tax liability $14,119 -645 -0.27% $21.89 238,062 11 Nov 2022 By Trust (See Footnote #2) F2, F3, F4
transaction UEIC Common Stock Options Exercise +1,895 +0.8% 239,957 12 Nov 2022 By Trust (See Footnote #2) F1, F2
transaction UEIC Common Stock Tax liability $18,169 -830 -0.35% $21.89 239,127 12 Nov 2022 By Trust (See Footnote #2) F2, F3, F4
holding UEIC Common Stock 1,800 11 Nov 2022 Direct
holding UEIC Common Stock 1,000 11 Nov 2022 By Spouse

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 -1,473 -3.3% $0.000000 42,553 11 Nov 2022 Common Stock 1,473 Direct F1, F5
transaction UEIC Restricted Stock Units Options Exercise $0 -1,895 -4.5% $0.000000 40,658 12 Nov 2022 Common Stock 1,895 Direct F1, F5
holding UEIC Employee Stock Option (Rt. To Buy) 425,520 11 Nov 2022 Common Stock 0 Direct F6, F7, F8
* 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 These shares are held by the Arling Family Trust. Reporting person disclaims ownership of the shares.
F3 This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
F4 Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F5 The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.
F6 Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F7 The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
F8 This figure represents an aggregate number of stock options held by Reporting Person.