Arling Paul D's Form 4/A amendment
AmendedUniversal Electronics IncUEIC · filed Dec 5, 2024
- Accession no.
- 0000101984-24-000184
- Filed
- Dec 5, 2024
- Trade date
- Aug 10-11, 2023
- Filing delay
- 483 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Aug 11, 2023
This filing lists 4 non-derivative transactions and 1 derivative transaction. Open-market purchases total $124.9K. It was filed 483 days after the trade.
This amendment replaces 0001209191-23-045492 (filed Aug 11, 2023).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Arling Paul DCIK 0001216543 | Director, Officer (CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 10, 2023 | Common Stock | MOption exerciseAcquired | +2,532 | –F1 | – | 256,818 | Indirect | |
| Aug 10, 2023 | Common Stock | FTax withholdingDisposed | −1,059 | $10.17F4 | −$10,770.03 | 255,759 | Indirect | |
| Aug 10, 2023 | Common Stock | PPurchaseAcquired | +10,000 | $9.98F5 | +$99,800 | 11,800 | Direct | |
| Aug 11, 2023 | Common Stock | PPurchaseAcquired | +2,547 | $9.85 | +$25,087.95 | 14,347 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 10, 2023 | Common Stock | MOption exerciseDisposed | −2,532 | $0.00 | $0 | 77,155 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Each restricted stock unit represents a contingent right to receive one share of UEI common stock.
Referenced by the price of 1 transaction in Table I.
- F2
These shares are held by the Arling Family Trust. Mr. Arling disclaims beneficial ownership of the shares held by the Trust.
- F3
This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
- F4
Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
Referenced by the price of 1 transaction in Table I.
- F5
This amended Form 4 is to correct the shares purchased on August 10, 2023, which was originally reported as 7,453 shares when it was actually 10,000 shares. The additional 2,547 shares purchased on this date were inadvertently missed in the original filing due to an administrative error. In addition, with this correction to the number of shares purchased, the purchase price is updated from $9.97 to $9.778 which represents the weighted average purchase price.
Referenced by the price of 1 transaction in Table I.
- F6
The restricted stock units vest in accordance with the vesting schedule of each RSU grant.
- F7
Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.
- F8
The Exercisable and Expiration Dates were reported at the time the Stock Options were granted.
- F9
This figure represents an aggregate number of stock options held by Reporting Person.