Kevin Radigan - Jul 1, 2024 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, 2024
Transactions value $
-$78,942
Form type
4
Date filed
7/3/2024, 04:00 PM
Previous filing
Aug 8, 2023
Next filing
Aug 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UI Common Stock Options Exercise $0 +292 +10.15% $0.00 3.17K Jul 1, 2024 Direct F1
transaction UI Common Stock Tax liability -$20.2K -137 -4.32% $147.28 3.03K Jul 1, 2024 Direct F2
transaction UI Common Stock Options Exercise $0 +160 +5.28% $0.00 3.19K Jul 1, 2024 Direct F1
transaction UI Common Stock Tax liability -$11K -75 -2.35% $147.28 3.12K Jul 1, 2024 Direct F2
transaction UI Common Stock Options Exercise $0 +407 +13.06% $0.00 3.52K Jul 1, 2024 Direct F1
transaction UI Common Stock Tax liability -$28.1K -191 -5.42% $147.28 3.33K Jul 1, 2024 Direct F2
transaction UI Common Stock Options Exercise $0 +285 +8.55% $0.00 3.62K Jul 1, 2024 Direct F1
transaction UI Common Stock Tax liability -$19.6K -133 -3.68% $147.28 3.48K Jul 1, 2024 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 -292 -100% $0.00* 0 Jul 1, 2024 Common Stock 292 Direct F3, F4
transaction UI Restricted Stock Unit Options Exercise $0 -160 -50.16% $0.00 159 Jul 1, 2024 Common Stock 160 Direct F3, F5
transaction UI Restricted Stock Unit Options Exercise $0 -407 -33.33% $0.00 814 Jul 1, 2024 Common Stock 407 Direct F3, F6
transaction UI Restricted Stock Unit Options Exercise $0 -285 -25.04% $0.00 853 Jul 1, 2024 Common Stock 285 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 292 RSUs vested on July 1, 2024. Vested units will be delivered to the reporting person on each vesting date.
F5 The RSUs will vest as follows: 159 RSUs will vest on July 1, 2025. Vested units will be delivered to the reporting person on each vesting date.
F6 The RSUs will vest as follows: 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.
F7 The RSUs will vest as follows: 285 RSUs will vest on July 1, 2025; 284 RSUs will vest on July 1, 2026; and the remaining 284 RSUs will vest on July 1, 2027. Vested units will be delivered to the reporting person on each vesting date.