CARNIFAX RICHARD K (V.P. Global Operations) exercised options at UNIVERSAL ELECTRONICS INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

CARNIFAX RICHARD K

Filed: 2/11/2025ACC: 0000101984-25-000023

InsiderCARNIFAX RICHARD KCIK 1938060

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IssuerUNIVERSAL ELECTRONICS INCCIK 101984

Officer· V.P. Global Operations

Since Jul 2022

-2.52K

Net shares

Net seller

$25.3K

Total sold

Open market trades

0B · 0S

Total transactions

5.34K acquired · 7.86K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+4.67K

Price / share

—

Trade value

—

% of position

61.0%

2/7/2025

7.66K→12.32K

Common Stock

Direct

F · Tax Withholding

−2.20K

Price / share

$10.04

Trade value

$22.09K

% of position

17.8%

2/7/2025

12.32K→10.13K

Common Stock

Direct

M · Option Exercise

+673.00

Price / share

—

Trade value

—

% of position

6.6%

2/9/2025

10.13K→10.80K

Common Stock

Direct

F · Tax Withholding

−317.00

Price / share

$10.04

Trade value

$3.18K

% of position

2.9%

2/9/2025

10.80K→10.48K

Total

Net shares

+2.82K

Net value

-$25.27K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/7/2025	M · Option Exercise	+4.67K	—	—	61.0%	7.66K	12.32K
Common Stock Direct	2/7/2025	F · Tax Withholding	−2.20K	$10.04	$22.09K	17.8%	12.32K	10.13K
Common Stock Direct	2/9/2025	M · Option Exercise	+673.00	—	—	6.6%	10.13K	10.80K
Common Stock Direct	2/9/2025	F · Tax Withholding	−317.00	$10.04	$3.18K	2.9%	10.80K	10.48K
Total			+2.82K		-$25.27K

Derivative Transactions2

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

4.67K shares

−4.67K

Strike price

Held after

14.63K

Exercisable

—

2/7/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

673.00 shares

−673.00

Strike price

Held after

13.96K

Exercisable

—

2/9/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Common Stock4.67K shares	2/7/2025	M · Option Exercise	−4.67K		—	14.63K
Restricted Stock Units Direct	Common Stock673.00 shares	2/9/2025	M · Option Exercise	−673.00		—	13.96K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)2

Performance Stock Units

Direct

Underlying security

Common Stock

Underlying shares

0.00

Shares owned

14K

Exercise price

Expiration

—

Exercise window

—

Employee Stock Option (Rt to Buy)

Direct

Underlying security

Common Stock

Underlying shares

0.00

Shares owned

18.46K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

0.00

Owned

32.47K

Security	Underlying	Exercise Window	Expiration	Shares Owned
Performance Stock Units Direct	Common Stock	—	—	14K
Employee Stock Option (Rt to Buy) Direct	Common Stock	—	—	18.46K
Total				32.47K