SEC Form 4 · accession 0001209191-19-009340
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 8, 2019
Accepted (ET)
Feb 12, 2019 · 4:53 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 8, 2019 | M | 997 | $0.00 | A | 182,557 | D | |
| Common StockF2,F3 | Feb 8, 2019 | F | 460 | $27.355 | D | 182,097 | D | |
| Common StockF4 | Feb 8, 2019 | M | 5,562 | $0.00 | A | 187,659 | D | |
| Common StockF2,F3 | Feb 8, 2019 | F | 2,456 | $27.355 | D | 185,203 | 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 UnitsF5,F6 | — | Feb 8, 2019 | M | 997 | D | — | — | Common Stock | 997 | 21,688 | D |
| Restricted Stock UnitsF5,F6 | — | Feb 8, 2019 | M | 5,562 | D | — | — | Common Stock | 5,562 | 16,126 | D |
Explanation of responses
- F1Stock issued pursuant to Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on January 19, 2017 and ratified by the Board of Directors on February 8, 2017.
- 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 November 27, 2017 and ratified by the Board of Directors on February 8, 2018.
- F5Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
- F6The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.