Hanson John T 4

4 · Turtle Beach Corp · Filed May 19, 2023

Form 4

Period: 2023-05-17

CFO, Treasurer and Secretary

Transactions

Tax Payment
Common Stock
2023-05-17$11.67/sh−2,652$30,949→ 45,804 total
Exercise/Conversion
Common Stock
2023-05-17+5,980→ 48,456 total
Exercise/Conversion
Restricted Stock Units
2023-05-17−5,980→ 0 total
→ Common Stock (5,980 underlying)

Holdings

Restricted Stock Units
→ Common Stock (6,875 underlying)
6,875
Restricted Stock Units
→ Common Stock (6,000 underlying)
18,000
Stock Option (Right to Buy)
Exercise: $2.04Exp: 2027-11-13→ Common Stock (2,696 underlying)
2,696
Stock Option (Right to Buy)
Exercise: $12.10Exp: 2029-04-01→ Common Stock (14,167 underlying)
14,167
Restricted Stock Units
→ Common Stock (4,500 underlying)
9,000
Restricted Stock Units
→ Common Stock (31,500 underlying)
31,500
Stock Option (Right to Buy)
Exercise: $3.12Exp: 2028-04-11→ Common Stock (29,391 underlying)
29,391
Stock Option (Right to Buy)
Exercise: $5.95Exp: 2030-04-01→ Common Stock (33,230 underlying)
33,230

Footnotes (10)

[F1]Restricted stock units were converted into common stock on a one-for-one basis.
[F10]These options are scheduled to vest in equal monthly installments until April 1, 2024.
[F2]Represents shares withheld to satisfy tax withholding obligations upon the vesting of the shares of restricted stock awarded to the reporting person.
[F3]The securities are restricted stock units representing a contingent right to receive one share of Turtle Beach Corporation common stock, or cash with a value equal to the fair market value of the underlying common stock, or a combination thereof.
[F4]These restricted stock units vested in full on May 17, 2023.
[F5]These restricted stock units vest in equal annual installments until April 1, 2024.
[F6]These restricted stock units vest in equal annual installments until April 1, 2025.
[F7]These restricted stock units vest in equal annual installments until April 1, 2026.
[F8]One-quarter of these restricted stock units will vest on April 1, 2024, with the remainder of the restricted stock units vesting in equal annual installments until April 1, 2027.
[F9]All options were exercisable as of the transaction date.

Documents

1 file