Kevin Radigan - Jul 1, 2022 Form 4 Insider Report for Ubiquiti Inc. (UI)

Role
CHIEF ACCOUNTING OFFICER
Signature
/s/ Yi Qian Song, Attorney-in-Fact
Stock symbol
UI
Transactions as of
Jul 1, 2022
Transactions value $
-$163,942
Form type
4
Date filed
7/5/2022, 04:08 PM
Previous filing
Aug 23, 2021
Next filing
Aug 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UI Common Stock Options Exercise $0 +590 +40.36% $0.00 2.05K Jul 1, 2022 Direct F1
transaction UI Common Stock Tax liability -$68.1K -277 -13.5% $245.79 1.78K Jul 1, 2022 Direct F2
transaction UI Common Stock Options Exercise $0 +381 +21.46% $0.00 2.16K Jul 1, 2022 Direct F1
transaction UI Common Stock Tax liability -$43.8K -178 -8.26% $245.79 1.98K Jul 1, 2022 Direct F2
transaction UI Common Stock Options Exercise $0 +292 +14.76% $0.00 2.27K Jul 1, 2022 Direct F1
transaction UI Common Stock Tax liability -$33.7K -137 -6.04% $245.79 2.13K Jul 1, 2022 Direct F2
transaction UI Common Stock Options Exercise $0 +160 +7.5% $0.00 2.29K Jul 1, 2022 Direct F1
transaction UI Common Stock Tax liability -$18.4K -75 -3.27% $245.79 2.22K Jul 1, 2022 Direct 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 UI Restricted Stock Unit Options Exercise $0 -590 -100% $0.00* 0 Jul 1, 2022 Common Stock 590 Direct F3, F4
transaction UI Restricted Stock Unit Options Exercise $0 -381 -50% $0.00 381 Jul 1, 2022 Common Stock 381 Direct F3, F5
transaction UI Restricted Stock Unit Options Exercise $0 -292 -33.33% $0.00 584 Jul 1, 2022 Common Stock 292 Direct F3, F6
transaction UI Restricted Stock Unit Options Exercise $0 -160 -25.04% $0.00 479 Jul 1, 2022 Common Stock 160 Direct F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired as a result of vesting of restricted stock units ("RSU") reported on Table II.
F2 Represents shares withheld to satisfy tax obligations arising out of vesting of RSUs and does not represent a sale by the reporting person.
F3 Each RSU represents a contingent right to receive one share of Ubiquiti Inc. common stock.
F4 590 RSUs vested on July 1, 2022. Vested units were delivered to the reporting person on the vesting date.
F5 The RSUs will vest as follows: 381 RSUs will vest on July 1, 2023. Vested units will be delivered to the reporting person on the vesting date.
F6 The RSUs will vest as follows: 292 RSUs will vest on July 1, 2023; and the remaining 292 RSUs will vest on July 1, 2024. Vested units will be delivered to the reporting person on each vesting date.
F7 The RSUs will vest as follows: 160 RSUs will vest on July 1, 2023; 160 RSUs will vest on July 1, 2024; and the remaining 159 RSUs will vest on July 1, 2025. Vested units will be delivered to the reporting person on each vesting date.