SEC Form 4 · accession 0001209191-15-013821
UNIVERSAL ELECTRONICS INC · UEIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis Sylvester Hughes
Officer — EVP
Period of report
Feb 12, 2015
Accepted (ET)
Feb 13, 2015 · 6:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000101984
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Rt to Buy)F1,F2 | $65.54 | Feb 12, 2015 | A | 10,095 | A | Feb 12, 2016 | Feb 12, 2022 | Common | 10,095 | 10,095 | D |
Explanation of responses
- F1Employee Stock Option (Rt to Buy) grant to Reporting Person in accordance with one of Universal Electronics Inc.'s various Stock Incentive Plans which provides for 33.33 percent vesting on the first anniversary of the grant date and then 8.33 percent each quarter for the next 8 quarters, and an expiration of seven years from the date of grant or earlier under certain circumstances.
- F2Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.