0000101984-24-000030.txt : 20240209 0000101984-24-000030.hdr.sgml : 20240209 20240209163424 ACCESSION NUMBER: 0000101984-24-000030 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240207 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ammari Ramzi CENTRAL INDEX KEY: 0001801194 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21044 FILM NUMBER: 24615599 MAIL ADDRESS: STREET 1: 15147 N. SCOTTSDALE ROAD CITY: SCOTTSDALE STATE: AZ ZIP: 85268 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: UNIVERSAL ELECTRONICS INC CENTRAL INDEX KEY: 0000101984 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 330204817 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 15147 N SCOTTSDALE RD STREET 2: SUITE H300 CITY: SCOTTSDALE STATE: AZ ZIP: 85254 BUSINESS PHONE: 480-530-3000 MAIL ADDRESS: STREET 1: 15147 N SCOTTSDALE RD STREET 2: SUITE H300 CITY: SCOTTSDALE STATE: AZ ZIP: 85254 4 1 wk-form4_1707514455.xml FORM 4 X0508 4 2024-02-07 0 0000101984 UNIVERSAL ELECTRONICS INC UEIC 0001801194 Ammari Ramzi 15147 N. SCOTTSDALE ROAD SCOTTSDALE AZ 85254 0 1 0 0 Sr.VP Corp Planning & Strategy 0 Common Stock 23372 D Restricted Stock Units 2024-02-07 4 A 0 24000 0 A Common Stock 24000 41835 D Performance Stock Units 2024-02-07 4 A 0 24000 0 A Common Stock 24000 24000 D Employee Stock Option (Rt to Buy) Common Stock 0 97280 D Each restricted stock unit represents a contingent right to receive one share of UEI common stock. Restricted Stock Grant was approved by the Compensation Committee of the Board of Directors on January 25, 2024 and ratified and approved by the Board of Directors on February 7, 2024 and granted on February 7, 2024. The shares will vest over 3 years with 33.33% vesting on the first anniversary of the grant date and 8.33% vesting on each quarterly anniversary of the grant date thereafter. The shares will be fully vested on the third anniversary of the grant date. Each performance stock unit represents a contingent right to receive one share of UEI common stock. Performance Stock Grant was approved by the Compensation Committee of the Board of Directors on January 25, 2024 and ratified and approved by the Board of Directors on February 7, 2024, and granted on February 7, 2024. The performance stock unit awards will vest in 3 separate tranches with 3 separate stock price and service conditions. Each tranche will vest only when both the stock price and service conditions have been achieved. The stock price condition for each tranche must be met on or by the third anniversary of the grant (2/7/2027). Any unvested tranche will expire at close of business on 2/7/2027. Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan. The Exercisable and Expiration Dates were reported at the time the Stock Options were granted. This figure represents an aggregate number of stock options held by Reporting Person. /s/Ramzi Ammari, by Valerie J. Ballard, pursuant to Limited Power of Attorney dated January 22, 2020 2024-02-09