HUGHES LOUIS SYLVESTER 4
4 · UNIVERSAL ELECTRONICS INC · Filed Aug 16, 2018
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2018-08-15+3,000→ 8,478 total - Tax Payment
Common Stock
2018-08-15$42.73/sh−1,200$51,270→ 7,278 total - Exercise/Conversion
Restricted Stock Units
2018-08-15−3,000→ 13,039 total→ Common Stock (3,000 underlying)
Footnotes (5)
- [F1]Stock issued pursuant to a Restricted Stock Grant approved by the Compensation Committee of the Board of Directors on August 15, 2016 and ratified by the Board of Directors on October 26, 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 aone share of UEI common stock.
- [F5]The restricted stock units will will vest ratably on an annual basis over three years beginning on August 15, 2017.