PAUL D. ARLING - 10 Feb 2023 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
10 Feb 2023
Net transactions value
-$142,623
Form type
4
Filing time
14 Feb 2023, 17:44:52 UTC
Previous filing
13 Feb 2023
Next filing
12 May 2023
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 +10,128 +4.1% 254,433 10 Feb 2023 By Trust (See Footnote #2) F1, F2
transaction UEIC Common Stock Tax liability $108,236 -4,435 -1.7% $24.40 249,998 10 Feb 2023 By Trust (See Footnote #2) F2, F3, F4
transaction UEIC Common Stock Options Exercise +1,473 +0.59% 251,471 11 Feb 2023 By Trust (See Footnot #2) F1, F2
transaction UEIC Common Stock Tax liability $15,033 -616 -0.24% $24.40 250,855 11 Feb 2023 By Trust (See Footnote #2) F2, F3, F4
transaction UEIC Common Stock Options Exercise +1,895 +0.76% 252,750 12 Feb 2023 By Trust (See Footnote #2) F1, F2
transaction UEIC Common Stock Tax liability $19,353 -793 -0.31% $24.40 251,957 12 Feb 2023 By Trust (See Footnote #2) F2, F3, F4
holding UEIC Common Stock 1,800 10 Feb 2023 Direct
holding UEIC Common Stock 1,000 10 Feb 2023 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 -10,128 -10% $0.000000 87,060 10 Feb 2023 Common Stock 10,128 Direct F1, F5
transaction UEIC Restricted Stock Units Options Exercise $0 -1,473 -1.7% $0.000000 85,587 11 Feb 2023 Common Stock 1,473 Direct F1, F5
transaction UEIC Restricted Stock Units Options Exercise $0 -1,895 -2.2% $0.000000 83,692 12 Feb 2023 Common Stock 1,895 Direct F1, F5
holding UEIC Employee Stock Option (Rt. To Buy) 457,075 10 Feb 2023 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.