Richard K. Carnifax - Apr 9, 2025 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Signature
/s/Richard K. Carnifax, by Kristin Cazarez, pursuant to Limited Power of Attorney dated May 7, 2024
Stock symbol
UEIC
Transactions as of
Apr 9, 2025
Transactions value $
$0
Form type
4
Date filed
4/11/2025, 03:15 PM
Previous filing
Feb 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UEIC Common Stock 11.5K Apr 9, 2025 Direct

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 Performance Stock Units Award $0 +39.2K +280.09% $0.00 53.2K Apr 9, 2025 Common Stock 39.2K Direct F1, F2, F3
transaction UEIC Performance Stock Units Award $0 +39.2K +73.69% $0.00 92.4K Apr 9, 2025 Common Stock 39.2K Direct F1, F3, F4
holding UEIC Restricted Stock Units 12K Apr 9, 2025 Common Stock 12K Direct F5, F6, F7
holding UEIC Employee Stock Option (Rt to Buy) 18.5K Apr 9, 2025 Common Stock 0 Direct F8, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance stock unit represents a contingent right to receive one share of UEI common stock.
F2 The performance stock unit award was approved and granted by the Compensation Committee of the Board of Directors on April 9, 2025. The performance stock unit award will vest in three separate tranches with one stock price market condition and three service conditions. Each tranche will vest only when both the stock price market and service conditions have been achieved. The stock price market condition must be met on or by the third anniversary of the grant (4/9/2028). Any unvested tranche will expire at close of business on 4/9/2028.
F3 This figure represents an aggregate number of performance stock units held by Reporting Person.
F4 The performance stock unit award was approved and granted by the Compensation Committee of the Board of Directors on April 9, 2025. The performance stock unit award will vest in three separate tranches with three separate stock price market and service conditions. Each tranche will vest only when both the market and service conditions have been achieved. The stock price market condition for each tranche must be met on or by the third anniversary of the grant (4/9/2028). Any unvested tranche will expire at close of business on 4/9/2028.
F5 Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
F6 The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.
F7 This figure represents an aggregate number of restricted stock units held by Reporting Person.
F8 Exercise Price Determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
F9 The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
F10 This figure represents an aggregate number of stock options held by Reporting Person.