SEC Form 4 · accession 0001209191-19-009341
UNIVERSAL ELECTRONICS INC · UEIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Cheung Hyen Chong
Officer — Executive Vice President -Asia
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 | 332 | $0.00 | A | 26,533 | D | |
| Common StockF2 | Feb 8, 2019 | M | 1,483 | $0.00 | A | 28,016 | 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 UnitsF3,F4 | — | Feb 8, 2019 | M | 332 | D | — | — | Common Stock | 332 | 5,778 | D |
| Restricted Stock UnitsF3,F4 | — | Feb 8, 2019 | M | 1,483 | D | — | — | Common Stock | 1,483 | 4,295 | 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.
- F2Stock 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.
- F3Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
- F4The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.