SEC Form 4 · accession 0001209191-16-097631
UNIVERSAL ELECTRONICS INC · UEIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Satjiv S Chahil
Director
Period of report
Feb 10, 2016
Accepted (ET)
Feb 11, 2016 · 5:18 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Rt. to Buy)F1,F2 | $48.61 | Feb 10, 2016 | A | 25,000 | A | Feb 10, 2017 | Feb 10, 2023 | Common Stock | 25,000 | 45,000 | D |
Explanation of responses
- F1Stock Option (Rt to Buy) grant to Reporting Person in accordance with the Company's 2014 Stock Incentive Plan. These options will vest ratably over three (3) years on the anniversary of the grant date, and will expire seven (7) years from the date of the grant, or earlier in certain circumstances.
- F2Exercise price determined in accordance with the terms of the Company's 2014 Stock Incentive Plan.