Satjiv S. Chahil - Oct 1, 2023 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
Director
Signature
/s/Satjiv S. Chahil, by Richard A. Firehammer, Jr., pursuant to Limited Power of Attorney dated January 22, 2003
Stock symbol
UEIC
Transactions as of
Oct 1, 2023
Transactions value $
$0
Form type
4
Date filed
10/2/2023, 06:47 PM
Previous filing
Jul 3, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +1.25K +0.99% 128K Oct 1, 2023 See Footnote #2 F1, 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 -1.25K -25% $0.00 3.75K Oct 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 Satjiv Chahil Trust Account. Mr. Chahil disclaims ownership of the shares held by the Trust.
F3 These restricted stock units are one-fourth of the total granted on July 1, 2023, 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.