William C. Mulligan - Jan 1, 2023 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role: Director
Signature: /s/William C. Mulligan, by Richard A. Firehammer, Jr., pursuant to Limited Power of Attorney dated January 22, 2003 (attached)
Stock symbol: UEIC
Transactions as of: Jan 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/3/2023, 06:31 PM
Previous filing: Dec 19, 2022
Next filing: Mar 31, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UEIC	Common Stock	Options Exercise		+1.25K	+3.69%		35.2K	Jan 1, 2023	See Footnote #2	F1, F2
holding	UEIC	Common Stock						2.49K	Jan 1, 2023	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	UEIC	Restricted Stock Units	Options Exercise	$0	-1.25K	-33.33%	$0.00	2.5K	Jan 1, 2023	Common Stock	1.25K		Direct	F1, F3

* 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 in The William Mulligan Rev Dec Trust, William C. Mulligan, Trustee. Mr. Mulligan disclaims ownership of the shares held by the Trust.
F3	These restricted stock units are one-fourth of the total granted on July 1, 2022, which original grant was awarded as director compensation and generally vests and is paid quarterly on the first day following the end of each calendar quarter.