HUGHES LOUIS SYLVESTER 4
4 · UNIVERSAL ELECTRONICS INC · Filed Jul 3, 2018
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2018-07-01+486→ 5,432 total - Tax Payment
Common Stock
2018-07-01$32.88/sh−194$6,378→ 5,238 total - Exercise/Conversion
Restricted Stock Units
2018-07-01−486→ 16,438 total→ Common Stock (486 underlying)
Footnotes (5)
- [F1]Stock issued pursuant to Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on December 7, 2015 and ratified and approved by the Board of Directors on December 9, 2015 and granted on January 1, 2016.
- [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 Company's applicable Stock Incentive Plan.
- [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.