Kevin Radigan - Jul 1, 2023 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, 2023
Transactions value $
-$102,287
Form type
4
Date filed
7/5/2023, 04:02 PM
Previous filing
Aug 10, 2022
Next filing
Aug 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UI Common Stock Options Exercise $0 +381 +17.18% $0.00 2.6K Jul 1, 2023 Direct F1
transaction UI Common Stock Tax liability -$31.5K -179 -6.89% $175.75 2.42K Jul 1, 2023 Direct F2
transaction UI Common Stock Options Exercise $0 +292 +12.07% $0.00 2.71K Jul 1, 2023 Direct F1
transaction UI Common Stock Tax liability -$24.1K -137 -5.05% $175.75 2.58K Jul 1, 2023 Direct F2
transaction UI Common Stock Options Exercise $0 +160 +6.21% $0.00 2.74K Jul 1, 2023 Direct F1
transaction UI Common Stock Tax liability -$13.2K -75 -2.74% $175.75 2.66K Jul 1, 2023 Direct F2
transaction UI Common Stock Options Exercise $0 +407 +15.3% $0.00 3.07K Jul 1, 2023 Direct F1
transaction UI Common Stock Tax liability -$33.6K -191 -6.23% $175.75 2.88K Jul 1, 2023 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 -381 -100% $0.00* 0 Jul 1, 2023 Common Stock 381 Direct F3, F4
transaction UI Restricted Stock Unit Options Exercise $0 -292 -50% $0.00 292 Jul 1, 2023 Common Stock 292 Direct F3, F5
transaction UI Restricted Stock Unit Options Exercise $0 -160 -33.4% $0.00 319 Jul 1, 2023 Common Stock 160 Direct F3, F6
transaction UI Restricted Stock Unit Options Exercise $0 -407 -25% $0.00 1.22K Jul 1, 2023 Common Stock 407 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 381 RSUs vested on July 1, 2023. Vested units will be delivered to the reporting person on each vesting date.
F5 The RSUs will vest as follows: 292 RSUs will vest on July 1, 2024. Vested units will be delivered to the reporting person on each vesting date.
F6 The RSUs will vest as follows: 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.
F7 The RSUs will vest as follows: 407 RSUs will vest on July 1, 2024; 407 RSUs will vest on July 1, 2025; and the remaining 407 RSUs will vest on July 1, 2026. Vested units will be delivered to the reporting person on each vesting date.