Kevin Radigan - Jul 1, 2021 Form 4 Insider Report for Ubiquiti Inc. (UI)

Role
Chief Accounting Officer
Signature
/s/ Yi Qian Song, Attorney-in-Fact for Reporting Person
Stock symbol
UI
Transactions as of
Jul 1, 2021
Transactions value $
-$185,662
Form type
4
Date filed
7/2/2021, 04:56 PM
Next filing
Aug 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UI Common Stock Options Exercise $0 +590 +74.68% $0.00 1.38K Jul 1, 2021 Direct F1
transaction UI Common Stock Tax liability -$86.7K -277 -20.07% $313.09 1.1K Jul 1, 2021 Direct F2
transaction UI Common Stock Options Exercise $0 +382 +34.63% $0.00 1.49K Jul 1, 2021 Direct F1
transaction UI Common Stock Tax liability -$56K -179 -12.05% $313.09 1.31K Jul 1, 2021 Direct F2
transaction UI Common Stock Options Exercise $0 +293 +22.43% $0.00 1.6K Jul 1, 2021 Direct F1
transaction UI Common Stock Tax liability -$42.9K -137 -8.57% $313.09 1.46K Jul 1, 2021 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 -50% $0.00 590 Jul 1, 2021 Common Stock 590 Direct F3, F4
transaction UI Restricted Stock Unit Options Exercise $0 -382 -33.39% $0.00 762 Jul 1, 2021 Common Stock 382 Direct F3, F5
transaction UI Restricted Stock Unit Options Exercise $0 -293 -25.06% $0.00 876 Jul 1, 2021 Common Stock 293 Direct F3, F6
* 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 The RSUs will vest as follows: 590 RSUs will vest on July 1, 2022. Vested units will be delivered to the reporting person on each vesting date.
F5 The RSUs will vest as follows: 381 RSUs will vest on July 1, 2022; and the remaining 381 RSUs will vest on July 1, 2023. Vested units will be delivered to the reporting person on each vesting date.
F6 The RSUs will vest as follows: 292 RSUs will vest on July 1, 2022; 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.