PAUL D. ARLING - 09 May 2024 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
CEO, Director
Signature
/s/Paul D. Arling, by Kristin Cazarez, pursuant to Limited Power of Attorney dated May 7, 2024
Issuer symbol
UEIC
Transactions as of
09 May 2024
Transactions value $
$-40,932
Form type
4
Filing time
13 May 2024, 14:21:53 UTC
Previous filing
13 Feb 2024
Next filing
13 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +4,711 +1.73% 276,325 09 May 2024 By Arling Family Trust F1, F2
transaction UEIC Common Stock Tax liability $-27,022 -1,971 -0.71% $13.71 274,354 09 May 2024 By Arling Family Trust F2, F3, F4
transaction UEIC Common Stock Options Exercise +2,532 +0.92% 276,886 10 May 2024 By Arling Family Trust F1, F2
transaction UEIC Common Stock Tax liability $-13,910 -1,059 -0.38% $13.14 275,827 10 May 2024 By Arling Family Trust F2, F3, F4
holding UEIC Common Stock 11,800 09 May 2024 Direct
holding UEIC Common Stock 1,000 09 May 2024 By Spouse

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 UEIC Restricted Stock Units Options Exercise $0 -4,711 -5.55% $0.000000 80,121 09 May 2024 Common Stock 4,711 Direct F1, F5
transaction UEIC Restricted Stock Units Options Exercise $0 -2,532 -3.16% $0.000000 77,589 10 May 2024 Common Stock 2,532 Direct F1, F5
holding UEIC Performance Stock Units 36,000 09 May 2024 Common Stock 0 Direct F6, F7, F8
holding UEIC Employee Stock Option (Rt to Buy) 418,830 09 May 2024 Common Stock 0 Direct F9, F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
F2 These shares are held by the Arling Family Trust. Mr. Arling disclaims beneficial ownership of the shares.
F3 This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
F4 Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F5 The restricted stock units vest in accordance with the vesting schedule of each RSU grant.
F6 Each performance stock unit represents a contingent right to receive one share of UEI common stock.
F7 The performance stock units vest in accordance with the vesting schedule of each PSU grant.
F8 This figure represents an aggregate number of performance stock units held by Reporting Person.
F9 Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F10 The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
F11 This figure represents an aggregate number of stock options held by Reporting Person.