UEI - Universal Electronics Inc.

11/12/2024 | Press release | Distributed by Public on 11/12/2024 10:31

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ARLING PAUL D
2. Issuer Name and Ticker or Trading Symbol
UNIVERSAL ELECTRONICS INC [UEIC] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CEO
(Last) (First) (Middle)
15147 N SCOTTSDALE RD STE H300 		3. Date of Earliest Transaction (Month/Day/Year)
11/09/2024
(Street)
SCOTTSDALE, AZ 85254 		4. If Amendment, Date Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) 		7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/09/2024 M 4,711 A (1) 284,751 I(2) By Arling Family Trust
Common Stock 11/09/2024 F 1,971(3) D $10.25(4) 282,780 I(2) By Arling Family Trust
Common Stock 11/10/2024 M 2,532 A (1) 285,312 I(2) By Arling Family Trust
Common Stock 11/10/2024 F 1,059(3) D $10.25(4) 284,253 I(2) By Arling Family Trust
Common Stock 11,800 D
Common Stock 1,000 I By Spouse
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5) 		6. Date Exercisable and Expiration Date
(Month/Day/Year) 		7. Title and Amount of Underlying Securities
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4) 		10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) 		11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 11/09/2024 M 4,711 (5) (5) Common Stock 4,711 $ 0 65,635 D
Restricted Stock Units (1) 11/10/2024 M 2,532 (5) (5) Common Stock 2,532 $ 0 63,103 D
Employee Stock Option (Rt to Buy) (6) (7) (7) Common Stock 0 418,830(8) D
Performance Stock Units (9) (10) (10) Common Stock 0 36,000(11) D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ARLING PAUL D
15147 N SCOTTSDALE RD STE H300
SCOTTSDALE, AZ 85254 		X CEO

Signatures

/s/Paul D. Arling, by Bryan Allison, pursuant to Limited Power of Attorney dated May 7, 2024 11/12/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
(2) These shares are held by the Arling Family Trust. Mr. Arling disclaims beneficial ownership of the shares held by the Trust.
(3) This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
(4) Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
(5) The restricted stock units vest in accordance with the vesting schedule of each RSU grant.
(6) Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
(7) The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
(8) This figure represents an aggregate number of stock options held by Reporting Person.
(9) Each performance stock unit represents a contingent right to receive one share of UEI common stock.
(10) The performance stock units vest in accordance with the vesting schedule of each PSU grant.
(11) This figure represents an aggregate number of performance stock units held by Reporting Person.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.