RICHARD A. FIREHAMMER JR - 23 May 2023 Form 4 Insider Report for UNIVERSAL ELECTRONICS INC (UEIC)

Role
Senior Vice President
Signature
/s/Richard A. Firehammer, Jr.
Issuer symbol
UEIC
Transactions as of
23 May 2023
Net transactions value
$0
Form type
4
Filing time
25 May 2023, 13:10:39 UTC
Next filing
24 May 2024
SEC
View on sec.gov

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 Award $0 +5,001 $0.000000 5,001 23 May 2023 Common Stock 5,001 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Grant was issued out of the discretionary pool authorized and approved by the Compensation Committee of the Board of Directors on January 30, 2023 and ratified and approved by the Board of Directors on February 9, 2023 and finalized and awarded on May 23, 2023. The shares will vest over 3 years on a ratable annual basis.
F2 Each restricted stock unit represents a contingent right to receive one share of UEI common stock.