Ronald Sege - Feb 18, 2022 Form 4 Insider Report for Ubiquiti Inc. (UI)

Role
Director
Signature
/s/ Yi Qian Song, Attorney-in-Fact
Stock symbol
UI
Transactions as of
Feb 18, 2022
Transactions value $
-$500,417
Form type
4
Date filed
2/22/2022, 03:07 PM
Previous filing
Nov 15, 2021
Next filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UI Common Stock Options Exercise $22.7K +2.11K $10.77* 2.11K Feb 18, 2022 Direct F1
transaction UI Common Stock Sale -$523K -2.11K -100% $247.71 0 Feb 18, 2022 Direct F2, F3

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 UI Stock Option (Right to Buy) Options Exercise $0 -2.11K -33.33% $0.00 4.22K Feb 18, 2022 Common Stock 2.11K $10.77 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 677 shares which are held in a constructive trust for Eugenia Sege pursuant to the terms of a divorce decree dated December 17, 2017.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 30, 2021. The proceeds from the sale of 677 shares, net of the exercise price, will be provided to Eugenia Sege pursuant to a constructive trust established under a divorce decree dated December 17, 2017.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.02 to $250.07, inclusive. The reporting person undertakes to provide Ubiquiti Inc., any security holder of Ubiquiti Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
F4 1/3 of the shares originally subject to the options became vested on October 4, 2013, and 1/36th of the shares originally subject to the options vested each month thereafter such that all shares were fully vested on October 4, 2015.