Bryan M. Hackworth - 10 Aug 2023 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Reporting relationship: SVP and CFO
Issuer ticker: UEIC
Reported as of: 10 Aug 2023
Net transaction value: -$6,092
SEC form: 4
Accepted by SEC: 14 Aug 2023, 18:23:20 UTC
Prior SEC filing: 15 May 2023
Next SEC filing: 13 Sep 2023
Source filing: View source filing
Reporting owner signature: /s/Bryan M. Hackworth, by Richard A. Firehammer, Jr., pursuant to Limited Power of Attorney dated August 5, 2006 (attached)

Key filing fact

Bryan M. Hackworth filed Form 4 for UNIVERSAL ELECTRONICS INC (UEIC) on 14 Aug 2023.

Key facts

This page summarizes Bryan M. Hackworth's Form 4 filing for UNIVERSAL ELECTRONICS INC (UEIC).
6 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 14 Aug 2023, 18:23.

Change

Previous filing in this sequence was filed on 15 May 2023.
Current net transaction value: -$6,092.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UEIC transaction

Common Stock

Options Exercise

Transaction value
Shares: +724
Change %: +1.2%
Price
Shares after: 62,330
Date: 10 Aug 2023
Ownership: Direct
Footnotes: F1

UEIC transaction

Common Stock

Tax liability

Transaction value: $3,934
Shares: -387
Change %: -0.62%
Price: $10.16
Shares after: 61,943
Date: 10 Aug 2023
Ownership: Direct
Footnotes: F2, F3

UEIC transaction

Common Stock

Options Exercise

Transaction value
Shares: +421
Change %: +0.68%
Price
Shares after: 62,364
Date: 11 Aug 2023
Ownership: Direct
Footnotes: F1

UEIC transaction

Common Stock

Tax liability

Transaction value: $2,158
Shares: -225
Change %: -0.36%
Price: $9.59
Shares after: 62,139
Date: 11 Aug 2023
Ownership: Direct
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

UEIC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -724
Change %: -3.2%
Price: $0.000000
Shares after: 21,751
Date: 10 Aug 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 724
Exercise price
Footnotes: F1, F4

UEIC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -421
Change %: -1.9%
Price: $0.000000
Shares after: 21,330
Date: 11 Aug 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 421
Exercise price
Footnotes: F1, F4

UEIC holding Derivative

Employee Stock Option (Rt. To Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 152,100
Date: 10 Aug 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 0
Exercise price
Footnotes: F5, F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of UEI common stock.

Footnote F2

This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.

Footnote F3

Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.

Footnote F4

The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.

Footnote F5

Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.

Footnote F6

The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.

Footnote F7

This figure represents an aggregate number of stock options held by Reporting Person.