SEC Form 4 · accession 0001209191-15-080324
UNIVERSAL ELECTRONICS INC · UEIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul D Arling
Officer — CEO · Director
Period of report
Nov 13, 2015
Accepted (ET)
Nov 16, 2015 · 4:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000101984
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 13, 2015 | M | 2,275 | $0.00 | A | 161,071 | D | |
| Common StockF2,F3 | Nov 13, 2015 | F | 1,187 | $46.675 | D | 159,884 | D | |
| Common Stock | holding | — | — | — | 1,000 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F5 | — | Nov 13, 2015 | M | 2,275 | D | — | — | Common Stock | 2,275 | 22,748 | D |
Explanation of responses
- F1Stock issued pursuant to Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on February 4, 2013 and ratified by the Board of Directors on February 13-14, 2013.
- F2This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
- F3Price determined in accordance with the Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on February 4, 2013 and ratified by the Board of Directors on February 13-14, 2013.
- F4Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
- F5These restricted stock units granted on February 13, 2013 vest over a 3 year ratable quarterly vesting period which began on May 13, 2013.