UNIVERSAL ELECTRONICS INC 4
4 · UNIVERSAL ELECTRONICS INC · Filed Aug 13, 2015
Insider Transaction Report
Form 4
Kopaskie Mark S
Executive VP
Transactions
- Exercise/Conversion
Common Stock
2015-08-12+626→ 626 total - Tax Payment
Common Stock
2015-08-12$47.68/sh−326$15,544→ 300 total - Exercise/Conversion
Restricted Stock Units
2015-08-12−626→ 6,605 total→ Common Stock (626 underlying)
Holdings
- 7,231
Restricted Stock Units
→ Common Stock (7,231 underlying)
Footnotes (6)
- [F1]Stock issued pursuant to Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on December 4, 2013 and ratified by the Board of Directors on February 12-13, 2014.
- [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 Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on December 4, 2013 and ratified by the Board of Directors on February 12-13, 2014.
- [F4]Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
- [F5]The restricted stock units vest in accordance with the vesting schedule of each RSU Grant.
- [F6]This figure represents the aggregate number of unvested RSU's as of the reporting date and involves 2 RSU Grants: one granted on February 13, 2013 with a 3 year ratable quarterly vesting period which began on May 13, 2013; and one granted on February 12, 2014 with a 3 year vesting schedule of 33.33% on February 12, 2015 and 8.33% quarterly thereafter.