Bryan M. Hackworth - Nov 11, 2022 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
SVP and CFO
Signature
/s/Bryan M. Hackworth, by Richard A. Firehammer, Jr., pursuant to Limited Power of Attorney dated August 5, 2006 (attached)
Stock symbol
UEIC
Transactions as of
Nov 11, 2022
Transactions value $
-$11,054
Form type
4
Date filed
11/14/2022, 04:23 PM
Previous filing
Aug 15, 2022
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +421 +0.8% 52.8K Nov 11, 2022 Direct F1
transaction UEIC Common Stock Tax liability -$4.84K -221 -0.42% $21.89 52.6K Nov 11, 2022 Direct F2, F3
transaction UEIC Common Stock Options Exercise +541 +1.03% 53.1K Nov 12, 2022 Direct F1
transaction UEIC Common Stock Tax liability -$6.22K -284 -0.53% $21.89 52.8K Nov 12, 2022 Direct F2, F3

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 -421 -3.43% $0.00 11.9K Nov 11, 2022 Common Stock 421 Direct F1, F4
transaction UEIC Restricted Stock Units Options Exercise $0 -541 -4.56% $0.00 11.3K Nov 12, 2022 Common Stock 541 Direct F1, F4
holding UEIC Employee Stock Option (Rt. To Buy) 150K Nov 11, 2022 Common Stock 0 Direct F5, F6, F7
* 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 This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
F3 Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F4 The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.
F5 Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F6 The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
F7 This figure represents an aggregate number of stock options held by Reporting Person.