David Cheung Hyen Chong - Mar 16, 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)
Stock symbol: UEIC
Transactions as of: Mar 16, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/17/2023, 04:06 PM
Previous filing: Feb 28, 2023
Next filing: May 25, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UEIC	Common Stock	Options Exercise		+2.09K	+9.29%		24.6K	Mar 16, 2023	Direct	F1
holding	UEIC	Common Stock						5.11K	Mar 16, 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	-2.09K	-28.42%	$0.00	5.27K	Mar 16, 2023	Common Stock	2.09K		Direct	F1, F3
holding	UEIC	Employee Stock Option (Rt. to Buy)						46.2K	Mar 16, 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.