Sec Form 3 Filing - Ammari Ramzi @ UNIVERSAL ELECTRONICS INC - 2020-01-22

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Ammari Ramzi
2. Issuer Name and Ticker or Trading Symbol
UNIVERSAL ELECTRONICS INC [ UEIC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Sr.VP Corp Planning & Strategy
(Last) (First) (Middle)
15147 N. SCOTTSDALE ROAD
3. Date of Earliest Transaction (MM/DD/YY)
01/22/2020
(Street)
SCOTTSDALE, AZ85254
4. If Amendment, Date Original Filed (MM/DD/YY)
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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 9,644 D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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 ( 4 ) ( 1 ) ( 2 ) Common Stock 1,160 ( 3 ) D
Restricted Stock Units ( 4 ) ( 5 ) ( 2 ) Common Stock 3,264 ( 6 ) D
Restricted Stock Units ( 4 ) ( 7 ) ( 2 ) Common Stock 7,390 D
Stock Option Grant $ 27.065 ( 8 ) 02/13/2026 Common Stock 19,455 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ammari Ramzi
15147 N. SCOTTSDALE ROAD
SCOTTSDALE, AZ85254
Sr.VP Corp Planning & Strategy
Signatures
/s/Ramzi Ammari by Valerie J. Ballard pursuant to Limited Power of Attorney dated January 22, 2020 (attached) 01/28/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Reporting Person received a Restricted Stock Unit Grant of 3,480 RSU's on February 16, 2017, that vests over a 3 year ratable annual vesting schedule which began on February 16, 2018.
( 2 )Not Applicable.
( 3 )This figure represents the number of Restricted Stock Units outstanding on the RSU Grant dated February 16, 2017.
( 4 )Each Restricted Stock Unit represents a contingent right to receive 1 share of UEI Common Stock.
( 5 )The Reporting Person received a Restricted Stock Unit Grant of 4,896 RSU's on February 21, 2018, that vests over a 3 year ratable annual vesting schedule which began on February 21, 2019.
( 6 )This figure represents the number of Restricted Stock Units outstanding on the RSU Grant dated February 21, 2018.
( 7 )The Reporting Person received a Restricted Stock Unit Grant of 7,390 RSU's on February 13, 2019, that vests over a 3 year vesting schedule. The first traunche of 33.33% will vest on February 13, 2020, and then 8.33% each quarter thereafter.
( 8 )Stock Option Grant was awarded on February 13, 2019, and will vest over a 3 year schedule as follows: 33.33% on February 13, 2020, and 8.33% quarterly thereafter.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).

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