SEC Form 4 · accession 0001209191-16-098970
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
Feb 12, 2016
Accepted (ET)
Feb 16, 2016 · 6:59 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 | Feb 12, 2016 | M | 1,654 | $0.00 | A | 161,538 | D | |
| Common StockF2,F3 | Feb 12, 2016 | F | 621 | $47.565 | D | 160,917 | D | |
| Common StockF4 | Feb 12, 2016 | M | 4,068 | $0.00 | A | 164,985 | D | |
| Common StockF2,F3 | Feb 12, 2016 | F | 1,528 | $47.565 | D | 163,457 | D | |
| Common StockF5 | Feb 13, 2016 | M | 2,275 | $0.00 | A | 165,732 | D | |
| Common StockF2,F3 | Feb 13, 2016 | F | 913 | $47.565 | D | 164,819 | 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 UnitF6,F7 | — | Feb 12, 2016 | M | 1,654 | D | — | — | Common Stock | 1,654 | 35,689 | D |
| Restricted StockF6,F7 | — | Feb 12, 2016 | M | 4,068 | D | — | — | Common Stock | 4,068 | 31,621 | D |
| Restricted StockF6,F7 | — | Feb 13, 2016 | M | 2,275 | D | — | — | Common Stock | 2,275 | 29,346 | D |
Explanation of responses
- F1Stock issued pursuant to Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on December 4, 2013 and ratified by the Board of Directors on February 12-13, 2014.
- 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 terms of the Company's applicable Stock Incentive Plan.
- F4Stock issued pursuant to Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on January 16, 2015 and ratified by the Board of Directors on February 11-12, 2015.
- F5Stock 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.
- F6Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
- F7The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.