SEC Form 4 · accession 0001209191-17-000452
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
Jan 1, 2017
Accepted (ET)
Jan 3, 2017 · 6:43 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 | Jan 1, 2017 | M | 4,865 | $0.00 | A | 173,518 | D | |
| Common StockF2,F3 | Jan 1, 2017 | F | 2,795 | $65.775 | D | 170,723 | 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 | — | Jan 1, 2017 | M | 4,865 | D | — | — | Common Stock | 4,865 | 16,468 | 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 and approved by the Board of Directors on December 9, 2015 and granted on January 1, 2016.
- 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.
- F4Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
- F5The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.