Form 4 for TBCH Turtle Beach Corp
Accepted 2025-05-12 00:00:00 ET · period of report 2025-05-09 · accession 0000894579-25-000167 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-05-12 | 2025-05-09 | TBCH | Keirn Cris | CEO, Dir | M - OptEx | — | +6,920 | 61.6K | +13% | — |
| D | 2025-05-12 | 2025-05-09 | TBCH | Keirn Cris | CEO, Dir | F - Tax | $10.72 | -3,513 | 58.1K | -6% | -$37.7K |
| D | 2025-05-12 | 2025-05-09 | TBCH | Keirn Cris | CEO, Dir | A - Grant | $0.00 | +21.0K | 21.0K | New | $0 |
| D | 2025-05-12 | 2025-05-09 | TBCH | Keirn Cris | CEO, Dir | M - OptEx | $0.00 | -6,920 | 14.1K | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-05-09 | M | A | 6,920 | — | 61,648 | D | — | — | (F1) Performance stock units ("PSUs") were converted into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2025-05-09 | F | D | 3,513 | $10.72 | 58,135 | D | — | — | |
| 3 | Derivative | Performance Stock Units | 2025-05-09 | A | A | 20,971 | $0.00 | 20,971 | D | — · — to — | 20,971 Common stock | (F3) These securities are PSUs representing a contingent right to receive one share of common stock. (F4) Acquired upon achievement of certain performance criteria of PSUs granted to the reporting person on April 1, 2024 under the Turtle Beach Corporation 2023 Stock Based Incentive Compensation Plan. Performance was measured over 13 months (April 1, 2024 through May 9, 2025) with respect to a stock price performance metric and 12 months (Q2 2024 through Q1 2025) with respect to an Adjusted EBITDA performance metric, with additional time-based vesting for earned units over two years. |
| 4 | Derivative | Performance Stock Units | 2025-05-09 | M | D | 6,920 | $0.00 | 14,051 | D | — · — to — | 6,920 Common stock | (F3) These securities are PSUs representing a contingent right to receive one share of common stock. (F5) These PSUs vest as follows: 33% on May 9, 2025, 33% on April 1, 2026 and 34% on April 1, 2027. |