Eric Singer - 01 Jul 2024 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Signature
/s/Eric Singer by Bryan Allison, pursuant to Limited Power of Attorney dated June 24, 2024
Issuer symbol
UEIC
Transactions as of
01 Jul 2024
Net transactions value
$0
Form type
4
Filing time
02 Jul 2024, 18:52:53 UTC
Previous filing
21 Jun 2024
Next filing
10 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UEIC Common Stock Options Exercise +1,250 +89% 2,653 01 Jul 2024 Direct F1
holding UEIC Common Stock 1,544,647 01 Jul 2024 By Group 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 UEIC Restricted Stock Units Options Exercise $0 -1,250 -100% $0.000000* 0 01 Jul 2024 Common Stock 1,250 Direct F1, F3
transaction UEIC Restricted Stock Units Award $0 +5,000 $0.000000 5,000 01 Jul 2024 Common Stock 5,000 Direct F1, F4
* 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 Shares of the Issuer's Common Stock owned directly by Toro 18. Immersion, as the sole member of Toro 18, may be deemed to beneficially own the shares owned directly by Toro 18. Mr. Martin, as the Chief Strategy Officer of Toro 18, may be deemed to beneficially own the shares owned directly by Toro 18. Mr. Singer, as the President and Chief Executive Officer of Toro 18, may be deemed to beneficially own the securities owned directly by Toro 18.
F3 These restricted stock units were granted on January 1, 2024, which original grant was awarded as director compensation and generally vests and is paid quarterly on the first day following the end of each calendar quarter.
F4 Restricted stock units awarded on July 1, 2024 as director compensation and generally vests and are paid quarterly over a period ending July 1, 2025