X0508 4 2025-03-31 0001493761 Turtle Beach Corp TBCH 0001984120 Keirn Cris C/O TURTLE BEACH CORPORATION 15822 BERNARDO CENTER DRIVE, SUITE 105 SAN DIEGO CA 92127 true true CEO false Common Stock 2025-04-01 4 M 0 7476 A 43124 D Common Stock 2025-04-01 4 M 0 7920 A 51044 D Common Stock 2025-04-01 4 M 0 4500 A 55544 D Common Stock 2025-04-01 4 M 0 5250 A 60794 D Common Stock 2025-04-01 4 M 0 7000 A 67794 D Common Stock 2025-04-01 4 M 0 6552 A 74346 D Common Stock 2025-04-01 4 F 0 19618 14.63 D 54728 D Performance Stock Units 2025-03-31 4 A 0 7476 0 A Common stock 7476 7476 D Performance Stock Units 2025-04-01 4 M 0 7476 0 D Common stock 7476 0 D Performance Stock Units 2025-03-31 4 A 0 7920 0 A Common stock 7920 7920 D Performance Stock Units 2025-04-01 4 M 0 7920 0 D Common stock 7920 0 D Restricted Stock Units 2025-04-01 4 M 0 4500 0 D Common stock 4500 0 D Restricted Stock Units 2025-04-01 4 M 0 5250 0 D Common stock 5250 5250 D Restricted Stock Units 2025-04-01 4 M 0 7000 0 D Common stock 7000 14000 D Restricted Stock Units 2025-04-01 4 M 0 6552 0 D Common stock 6552 19656 D Restricted Stock Units 2025-04-01 4 A 0 34176 0 A Common stock 34176 34176 D Stock Option (Right to Buy) 12.1 2029-04-01 Common stock 19167 19167 D Stock Option (Right to Buy) 5.95 2030-04-01 Common stock 12605 12605 D Performance stock units ("PSUs") were converted into common stock on a one-for-one basis. Restricted stock units ("RSUs") were converted into common stock on a one-for-one basis. Represents shares withheld to satisfy tax withholding obligations upon the vesting of PSUs and RSUs awarded to the reporting person. These securities are PSUs representing a contingent right to receive one share of Turtle Beach Corporation common stock. Acquired upon achievement of certain performance criteria pursuant to 34% of the PSUs granted April 1, 2022 under the Turtle Beach Corporation Stock Based 2023 Incentive Compensation Plan. The vesting of PSUs is determined over a three-year period based on (i) the amount by which revenue growth exceeds a defined baseline market growth each year and (ii) the achievement of specified tiers of adjusted EBITDA as a percentage of net revenue each year, with the ability to earn and vest into such units ranging from 0% to 200%. These PSUs vested with respect to the underlying shares of Turtle Beach Corporation common stock on April 1, 2024. Vested shares for this grant have been rounded down to the nearest whole share upon conversion into common stock on a one-for-one basis. Acquired upon achievement of certain performance criteria pursuant to 33% of the performance stock units granted April 1, 2023 under the Turtle Beach Corporation Stock Based 2023 Incentive Compensation Plan. The vesting of performance stock units is determined over a three-year period based on (i) the amount by which revenue growth exceeds a defined baseline market growth each year and (ii) the achievement of specified tiers of adjusted EBITDA as a percentage of net revenue each year, with the ability to earn and vest into such units ranging from 0% to 200%. These PSUs vested with respect to the underlying shares of Turtle Beach Corporation common stock on April 1, 2024. Vested shares for this grant have been rounded down to the nearest whole share upon conversion into common stock on a one-for-one basis. The securities are RSUs representing a contingent right to receive one share of Turtle Beach Corporation common stock or, cash with a value equal to the fair market value of the underlying common stock or, a combination thereof. These RSUs vested in full on April 1, 2025. These RSUs vest in equal annual installments until April 1, 2026. These RSUs vest in equal annual installments until April 1, 2027. These RSUs vest in equal annual installments until April 1, 2028. One-quarter of these RSUs will vest on April 1, 2026, with the remainder of the RSUs vesting in equal annual installments until April 1, 2029. These options were exercisable as of the transaction date. /s/ Megan S. Wynne, attorney-in-fact for Cris Keirn 2025-04-02