0000929638-23-001394.txt : 20230511
0000929638-23-001394.hdr.sgml : 20230511
20230511182111
ACCESSION NUMBER: 0000929638-23-001394
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230509
FILED AS OF DATE: 20230511
DATE AS OF CHANGE: 20230511
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: 23912612
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
2023-05-09
0001493761
Turtle Beach Corp
HEAR
0001595670
Stark Juergen M.
44 SOUTH BROADWAY
4TH FLOOR
WHITE PLAINS
NY
10601
true
true
CEO & President
false
Common Stock
2023-05-09
4
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A
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Common Stock
2023-05-09
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Common Stock
2023-05-09
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S
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Common Stock
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Common Stock
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Common Stock
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S
0
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2024-06-30
Common Stock
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Common Stock
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M
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2024-06-30
Common Stock
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D
Stock Option (Right to Buy)
7.24
2024-06-30
Common Stock
70000
70000
D
Stock Option (Right to Buy)
12.1
2024-06-30
Common Stock
105000
105000
D
Stock Option (Right to Buy)
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2024-06-30
Common Stock
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Reflects shares held following options exercises, resulting in net increase of 25,000 shares held.
Reflects the weighted average price of sales on May 9, 2023. The shares were sold in multiple transactions at prices ranging from $10.73 to $11.33, inclusive. The reporting person undertakes to provide to Turtle Beach Corporation, any security holder of Turtle Beach Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
Reflects the weighted average price of sales on May 10, 2023. The shares were sold in multiple transactions at prices ranging from $11.09 to $11.43, inclusive. The reporting person undertakes to provide to Turtle Beach Corporation, any security holder of Turtle Beach Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
This number reflects an additional 90 shares that were inadvertently omitted by the reporting person in prior filings.
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 (the "Separation Letter").
The expiration date of these options was revised under the terms of the Separation Letter to the earlier of (x) the then-remaining term pursuant to the terms of each option or (y) the first anniversary of the June 30, 2023.
/s/ Juergen Stark
2023-05-11