SEC Form 4 · accession 0001209191-17-024294
UNIVERSAL ELECTRONICS INC · UEIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Stapleton
Director
Period of report
Mar 31, 2017
Accepted (ET)
Apr 3, 2017 · 7:38 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 | Mar 31, 2017 | M | 1,250 | $0.00 | A | 25,576 | D | |
| Common StockF2,F3 | Mar 31, 2017 | F | 550 | $67.975 | D | 25,026 | 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 | — | Mar 31, 2017 | M | 1,250 | D | — | — | Common Stock | 1,250 | 1,250 | 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, 2016 and will vest 25% each quarter, commencing on September 30, 2016.