David Cheung Hyen Chong - Feb 7, 2025 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
EVP Global Sales
Signature
/s/David Cheung Hyen Chong, by Bryan Allison, pursuant to Limited Power of Attorney dated May 7, 2024
Stock symbol
UEIC
Transactions as of
Feb 7, 2025
Transactions value $
-$22,088
Form type
4
Date filed
2/11/2025, 01:31 PM
Previous filing
May 24, 2024
Next filing
Feb 25, 2025
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 +4.67K +15.46% 34.9K Feb 7, 2025 Direct F1
transaction UEIC Common Stock Tax liability -$22.1K -2.2K -6.31% $10.04 32.7K Feb 7, 2025 Direct F2, F3
holding UEIC Common Stock 5.11K Feb 7, 2025 Shares Held by Tax Deferred Annuity F4

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 -4.67K -20.46% $0.00 18.1K Feb 7, 2025 Common Stock 4.67K Direct F1, F5, F6
transaction UEIC Employee Stock Option (Rt to Buy) Other $0 -14K -41.89% $0.00 19.5K Feb 8, 2025 Common Stock 14K Direct F7, F8, F9, F10
holding UEIC Performance Stock Units 14K Feb 7, 2025 Common Stock 0 Direct F11, F12, F13
* 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 This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
F3 Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F4 These shares are held in a tax deferred annuity company of which Mr. Chong owns 100% and as to which Mr. Chong disclaims beneficial ownership.
F5 The restricted stock units vest in accordance with the vesting schedule of each RSU grant.
F6 This figured represents an aggregate number of restricted stock units held by the Reporting Person.
F7 Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F8 Expiry of Employee Stock Options.
F9 The expired stock options first became exercisable on 2/8/2019 and expired unexercised on 2/8/2025.
F10 This figure represents an aggregate number of stock options held by Reporting Person.
F11 Each performance stock unit represents a contingent right to receive one share of UEI common stock.
F12 The performance stock units vest in accordance with the vesting schedule of each PSU grant.
F13 This figure represents an aggregate number of performance stock units held by Reporting Person.