Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-20-009829
Date:2020-02-12
Issuer: UNIVERSAL ELECTRONICS INC (UEIC)
Original Submission Date:

Reporting Person:

HACKWORTH BRYAN M
15147 NORTH SCOTTSDALE ROAD
H300 SCOTTSDALE, AZ 85254

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-02-13 M 3,695 a $0.00 43,795 direct
COMMON STOCK 2020-02-13 F 1,945 d $45.89 41,850 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS 0.0 2020-02-12 deemed execution date A 6,500 (a) common stock 6,500 $0.00 19,809 direct
EMPLOYEE STOCK OPTION (RT TO BUY) 46.17 2020-02-12 deemed execution date A 16,950 (a) 2021-02-12 2027-02-12 common stock 16,950 $46.17 144,005 direct
RESTRICTED STOCK UNITS 0.0 2020-12-13 deemed execution date M 3,695 (d) common stock 3,695 $0.00 16,114 direct
Footnotes
IDfootnote
f1 stock issued pursuant to restricted stock grant approved by the compensation committee of the board of directors on january 25, 2019 and ratified and approved by the board of directors on february 13, 2019.
f2 this transaction represents a withholding of shares to cover taxes applicable to a vesting of rsus also reported on this form 4.
f3 price determined in accordance with the terms of the companies applicable stock incentive plan.
f4 restricted stock grant was approved by the compensation committee of the board of directors on january 10, 2020 and ratified and approved by the board of directors on february 12, 2020, and granted on february 12, 2020 and will vest over a 3 year vesting schedule of 33.33% on february 12, 2021, and 8.33% quarterly thereafter.
f5 employee stock option grant was approved by the compensation committee of the board of directors on january 10, 2020 and ratified and approved by the board of directors on february 12, 2020, and granted on february 12,2020 and will vest over a 3 year vesting schedule of 33.33% on february 12, 2021, and 8.33% quarterly thereafter. these stock options have a 7 year life
f6 exercise price determined in accordance with the terms of the company's applicable stock incentive plan.
f7 each restricted stock unit represents a contingent right to receive one share of uei common stock.
f8 the restricted stock units vest in accordance with the vesting schedule of each rsu grant.
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