SEC Form 4

FORM 4		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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* ARLING PAUL D (Last) (First) (Middle) 15147 NORTH SCOTTSDALE ROAD H300 (Street) SCOTTSDALE AZ 85254 (City) (State) (Zip)	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
	3. Date of Earliest Transaction (Month/Day/Year) 12/28/2021
	4. If Amendment, Date of 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

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	12/28/2021		M		32,200	A	$20.085(1)	251,964	I(2)	By Trust - See Footnote #2
Common Stock	12/28/2021		F(3)		23,522	D	$41.155	228,442	I(2)	By Trust - See Footnote #2
Common Stock								1,800	D
Common Stock								1,000	I	By Spouse

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 Securities Underlying Derivative Security (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: 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
Employee Stock Option (Rt to Buy)	$20.085(1)	12/28/2021		M			32,200	08/08/2013	02/08/2022	Common	32,200	$20.085	387,205	D
Restricted Stock Units	(4)							(5)	(5)	Common Stock	0		30,163(6)	D

Explanation of Responses:

1. Exercise Price determined in accordance with the terms of the Company's applicable Stock Incentive Plan.

2. These shares are held by the Arling Family Trust. Reporting person disclaims ownership of the shares.

3. Represents a "net exercise" of outstanding stock options. The reporting person received 8,678 shares of common stock on net exercise of options to purchase 32,200 shares of common stock. The Company withheld 23,522 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on December 28, 2021 of $41.155 pursuant to the terms of the applicable Stock Incentive Plan.

4. Each restricted stock unit represents a contingent right to receive one share of UEI common stock.

5. The restricted stock units vest in accordance with the vesting schedule of each RSU Grant and were reported at the time the grant(s) were issued.

6. This figure represents an aggregate number of outstanding restricted stock units held by Reporting Person.

Remarks:

	/s/Paul D. Arling, by Richard A. Firehammer, Jr., pursuant to Limited Power of Attorney dated January 22, 2003 (attached)	12/29/2021
	** Signature of Reporting Person	Date
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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