STAPLETON GREGORY 4
4 · UNIVERSAL ELECTRONICS INC · Filed Oct 2, 2020
Insider Transaction Report
Form 4
STAPLETON GREGORY
Director
Transactions
- Exercise/Conversion
Common Stock
2020-10-01+1,250→ 34,476 total - Tax Payment
Common Stock
2020-10-01$37.77/sh−625$23,609→ 33,851 total - Exercise/Conversion
Restricted Stock Units
2020-10-01−1,250→ 3,750 total→ Common Stock (1,250 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
- [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 current Directors Compensation Plan.
- [F4]These restricted stock units are one-fourth of the total granted on July 1, 2020, which original grant was awarded as director compensation and generally vests and is paid quarterly over a period ending July 1, 2021.