Kevin Radigan - 01 Jul 2023 Form 4 Insider Report for Ubiquiti Inc. (UI)

Role: CHIEF ACCOUNTING OFFICER
Signature: /s/ Yi Qian Song, Attorney-in-Fact
Issuer symbol: UI
Transactions as of: 01 Jul 2023
Net transactions value: -$102,286
Form type: 4
Filing time: 05 Jul 2023, 16:02:59 UTC
Previous filing: 10 Aug 2022
Next filing: 08 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UI	Common Stock	Options Exercise	$0	+381	+17%	$0.000000	2,599	01 Jul 2023	Direct	F1
transaction	UI	Common Stock	Tax liability	$31,459	-179	-6.9%	$175.75	2,420	01 Jul 2023	Direct	F2
transaction	UI	Common Stock	Options Exercise	$0	+292	+12%	$0.000000	2,712	01 Jul 2023	Direct	F1
transaction	UI	Common Stock	Tax liability	$24,078	-137	-5.1%	$175.75	2,575	01 Jul 2023	Direct	F2
transaction	UI	Common Stock	Options Exercise	$0	+160	+6.2%	$0.000000	2,735	01 Jul 2023	Direct	F1
transaction	UI	Common Stock	Tax liability	$13,181	-75	-2.7%	$175.75	2,660	01 Jul 2023	Direct	F2
transaction	UI	Common Stock	Options Exercise	$0	+407	+15%	$0.000000	3,067	01 Jul 2023	Direct	F1
transaction	UI	Common Stock	Tax liability	$33,568	-191	-6.2%	$175.75	2,876	01 Jul 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%	$0.000000^*	0	01 Jul 2023	Common Stock	381		Direct	F3, F4
transaction	UI	Restricted Stock Unit	Options Exercise	$0	-292	-50%	$0.000000	292	01 Jul 2023	Common Stock	292		Direct	F3, F5
transaction	UI	Restricted Stock Unit	Options Exercise	$0	-160	-33%	$0.000000	319	01 Jul 2023	Common Stock	160		Direct	F3, F6
transaction	UI	Restricted Stock Unit	Options Exercise	$0	-407	-25%	$0.000000	1,221	01 Jul 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.