Kevin Radigan - 01 Jul 2021 Form 4 Insider Report for Ubiquiti Inc. (UI)

Role: Chief Accounting Officer
Signature: /s/ Yi Qian Song, Attorney-in-Fact for Reporting Person
Issuer symbol: UI
Transactions as of: 01 Jul 2021
Transactions value $: -$185,662
Form type: 4
Filing time: 02 Jul 2021, 16:56:40 UTC
Next filing: 23 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UI	Common Stock	Options Exercise	$0	+590	+74.68%	$0.00	1.38K	01 Jul 2021	Direct	F1
transaction	UI	Common Stock	Tax liability	-$86.7K	-277	-20.07%	$313.09	1.1K	01 Jul 2021	Direct	F2
transaction	UI	Common Stock	Options Exercise	$0	+382	+34.63%	$0.00	1.49K	01 Jul 2021	Direct	F1
transaction	UI	Common Stock	Tax liability	-$56K	-179	-12.05%	$313.09	1.31K	01 Jul 2021	Direct	F2
transaction	UI	Common Stock	Options Exercise	$0	+293	+22.43%	$0.00	1.6K	01 Jul 2021	Direct	F1
transaction	UI	Common Stock	Tax liability	-$42.9K	-137	-8.57%	$313.09	1.46K	01 Jul 2021	Direct	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	UI	Restricted Stock Unit	Options Exercise	$0	-590	-50%	$0.00	590	01 Jul 2021	Common Stock	590		Direct	F3, F4
transaction	UI	Restricted Stock Unit	Options Exercise	$0	-382	-33.39%	$0.00	762	01 Jul 2021	Common Stock	382		Direct	F3, F5
transaction	UI	Restricted Stock Unit	Options Exercise	$0	-293	-25.06%	$0.00	876	01 Jul 2021	Common Stock	293		Direct	F3, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares acquired as a result of vesting of restricted stock units ("RSU") reported on Table II.
F2	Represents shares withheld to satisfy tax obligations arising out of vesting of RSUs and does not represent a sale by the reporting person.
F3	Each RSU represents a contingent right to receive one share of Ubiquiti Inc. common stock.
F4	The RSUs will vest as follows: 590 RSUs will vest on July 1, 2022. Vested units will be delivered to the reporting person on each vesting date.
F5	The RSUs will vest as follows: 381 RSUs will vest on July 1, 2022; and the remaining 381 RSUs will vest on July 1, 2023. Vested units will be delivered to the reporting person on each vesting date.
F6	The RSUs will vest as follows: 292 RSUs will vest on July 1, 2022; 292 RSUs will vest on July 1, 2023; and the remaining 292 RSUs will vest on July 1, 2024. Vested units will be delivered to the reporting person on each vesting date.