0000929638-23-001334.txt : 20230502 0000929638-23-001334.hdr.sgml : 20230502 20230502170603 ACCESSION NUMBER: 0000929638-23-001334 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230501 FILED AS OF DATE: 20230502 DATE AS OF CHANGE: 20230502 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stark Juergen M. CENTRAL INDEX KEY: 0001595670 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35465 FILM NUMBER: 23880271 MAIL ADDRESS: STREET 1: 100 SUMMIT LAKE DRIVE, SUITE 100 CITY: VALHALLA STATE: NY ZIP: 10594 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Turtle Beach Corp CENTRAL INDEX KEY: 0001493761 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 272767540 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 44 SOUTH BROADWAY STREET 2: 4TH FLOOR CITY: WHITE PLAINS STATE: NY ZIP: 10601 BUSINESS PHONE: 888-496-8001 MAIL ADDRESS: STREET 1: 44 SOUTH BROADWAY STREET 2: 4TH FLOOR CITY: WHITE PLAINS STATE: NY ZIP: 10601 FORMER COMPANY: FORMER CONFORMED NAME: Parametric Sound Corp DATE OF NAME CHANGE: 20100609 4 1 form4.xml X0407 4 2023-05-01 0001493761 Turtle Beach Corp HEAR 0001595670 Stark Juergen M. C/O TURTLE BEACH CORPORATION 44 SOUTH BROADWAY, 4TH FLOOR WHITE PLAINS NY 10601 true true CEO & President false Common Stock 2023-05-01 4 M 0 14375 A 185425 D Common Stock 2023-05-01 4 M 0 25000 A 210425 D Common Stock 2023-05-01 4 M 0 48750 A 259175 D Common Stock 2023-05-01 4 M 0 85000 A 344175 D Common Stock 2023-05-01 4 M 0 9570 A 353745 D Common Stock 2023-05-01 4 A 0 16668 A 370413 D Common Stock 2023-05-01 4 A 0 43550 A 413963 D Common Stock 2023-05-01 4 A 0 85000 A 498963 D Common Stock 2023-05-01 4 F 0 162579 10.98 D 336384 D Restricted Stock Units 2023-05-01 4 M 0 14375 0 D Common Stock 14375 0 D Restricted Stock Units 2023-05-01 4 M 0 25000 0 D Common Stock 25000 0 D Restricted Stock Units 2023-05-01 4 M 0 48750 0 D Common Stock 48750 0 D Restricted Stock Units 2023-05-01 4 M 0 85000 0 D Common Stock 85000 0 D Restricted Stock Units 2023-05-01 4 M 0 9570 0 D Common Stock 9570 0 D Stock Option (Right to Buy) 7.24 2025-05-29 Common Stock 70000 70000 D Stock Option (Right to Buy) 4.64 2026-04-04 Common Stock 112500 112500 D Stock Option (Right to Buy) 2.04 2027-11-13 Common Stock 72500 92500 D Stock Option (Right to Buy) 3.12 2028-04-11 Common Stock 112500 112500 D Stock Option (Right to Buy) 12.1 2029-04-01 Common Stock 105000 105000 D Stock Option (Right to Buy) 5.95 2030-04-01 Common Stock 115000 115000 D Restricted stock units were converted into common stock on a one-for-one basis. The vesting of the restricted stock units was accelerated pursuant to the previously-disclosed separation letter agreement dated as of May 1, 2023 between the issuer and the reporting person. Performance stock units were converted into common stock on a one-for-one basis. The vesting of the performance stock units was accelerated pursuant to the previously-disclosed separation letter agreement dated as of May 1, 2023 between the issuer and the reporting person. Represents shares withheld to satisfy tax withholding obligations upon the vesting of the shares of restricted stock awarded to the reporting person. The securities were restricted stock units 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. All options were exercisable as of the transaction date. The vesting of these options was accelerated pursuant to the previously-disclosed separation letter agreement dated as of May 1, 2023 between the issuer and the reporting person. /s/ Juergen Stark 2023-05-02