David Cheung Hyen Chong - 22 Feb 2023 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
Executive Vice President -Asia
Signature
/s/David Cheung Hyen Chong by Valerie J. Ballard, pursuant to Limited Power of Attorney dated May 16, 2013 (attached)
Issuer symbol
UEIC
Transactions as of
22 Feb 2023
Net transactions value
$0
Form type
4
Filing time
24 Feb 2023, 11:07:38 UTC
Previous filing
17 Mar 2022
Next filing
28 Feb 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 +2,149 +11% 21,564 22 Feb 2023 Direct F1
holding UEIC Common Stock 5,112 22 Feb 2023 See Footnote #2 F2

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 -2,149 -20% $0.000000 8,344 22 Feb 2023 Common Stock 2,149 Direct F1, F3
holding UEIC Employee Stock Options (Rt. to Buy) 46,230 22 Feb 2023 Common Stock 0 Direct F4, F5, F6
* 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 a tax deferred annuity company of which Mr. Chong owns 100% and as to which Mr. Chong disclaims beneficial ownership.
F3 The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.
F4 Exercise Price determined in accordance with the Company's applicable Stock Incentive Plan,
F5 The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
F6 This figure represents an aggregate number of stock options held by Reporting Person.