SEC Form 4 · accession 0001209191-16-156689
UNIVERSAL ELECTRONICS INC · UEIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Firehammer Jr.
Officer — Senior Vice President
Period of report
Dec 22, 2016
Accepted (ET)
Dec 23, 2016 · 5:10 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 | Dec 22, 2016 | M | 1,050 | $0.00 | A | 1,596 | D | |
| Common StockF2,F3 | Dec 22, 2016 | F | 477 | $65.25 | D | 1,119 | 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 UnitF4,F5 | — | Dec 22, 2016 | M | 1,050 | D | — | — | Common Stock | 1,050 | 3,490 | D |
Explanation of responses
- F1Stock issued pursuant to Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on December 7, 2015 and ratified by the Board of Directors on December 9, 2015.
- 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 December 7, 2015 and ratified by the Board of Directors on December 9, 2015.
- F4Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
- F5These restricted stock units granted on December 22, 2015 vest over a 3 year ratable annual vesting period which began on December 22, 2016.