SEC Form 4 · accession 0001209191-16-130445
UNIVERSAL ELECTRONICS INC · UEIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Stapleton
Director
Period of report
Jun 30, 2016
Accepted (ET)
Jul 1, 2016 · 3:52 pm EDT
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 | Jun 30, 2016 | M | 1,250 | $0.00 | A | 23,476 | D | |
| Common StockF2,F3 | Jun 30, 2016 | F | 550 | $71.155 | D | 22,926 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F5 | — | Jun 30, 2016 | M | 1,250 | D | — | — | Common Stock | 1,250 | 0 | D |
| Restricted Stock UnitsF4,F6 | — | Jul 1, 2016 | A | 5,000 | A | — | — | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Stock issued pursuant to 2004 Directors Compensation Plan approved by the stockholders on June 14, 2004.
- 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 2004 Directors Compensation Plan approved by the stockholders on June 14, 2004.
- F4Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
- F5These restricted stock units granted on July 1, 2015 and vested 25% each quarter, commencing on September 30, 2015.
- F6Restricted Stock Units awarded pursuant to the 2004 Directors Compensation Plan as described in the Company's definitive Proxy materials for the 2016 Annual Meeting of Stockholders. These units will vest 25% each quarter, commencing on September 30, 2016.