Form 4 for TBCH Turtle Beach Corp
Accepted 2023-04-04 00:00:00 ET · period of report 2023-04-01 · accession 0000929638-23-001073 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-04-04 | 2023-04-01 | TBCH | Stark Juergen M. | CEO, Pres, Dir | M - OptEx | — | +56.4K | 170.2K | +50% | — |
| D | 2023-04-04 | 2023-04-01 | TBCH | Stark Juergen M. | CEO, Pres, Dir | F - Tax | $10.02 | -27.9K | 171.1K | -14% | -$280.0K |
| DM | 2023-04-04 | 2023-04-01 | TBCH | Stark Juergen M. | CEO, Pres, Dir | M - OptEx | $0.00 | -56.4K | 48.8K | -54% | $0 |
| D | 2023-04-04 | 2023-04-01 | TBCH | Stark Juergen M. | CEO, Pres, Dir | A - Grant | $0.00 | +85.0K | 85.0K | New | $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 | 2023-04-01 | M | A | 14,375 | — | 156,999 | D | — | — | (F1) Restricted stock units were converted into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-04-01 | M | A | 16,250 | — | 198,999 | D | — | — | (F1) Restricted stock units were converted into common stock on a one-for-one basis. |
| 3 | Common | Common Stock | 2023-04-01 | F | D | 27,949 | $10.02 | 171,050 | D | — | — | (F2) Represents shares withheld to satisfy tax withholding obligations upon the vesting of the shares of restricted stock awarded to the reporting person. |
| 4 | Common | Common Stock | 2023-04-01 | M | A | 12,500 | — | 182,749 | D | — | — | (F1) Restricted stock units were converted into common stock on a one-for-one basis. |
| 5 | Common | Common Stock | 2023-04-01 | M | A | 13,250 | — | 170,249 | D | — | — | (F1) Restricted stock units were converted into common stock on a one-for-one basis. |
| 6 | Derivative | Restricted Stock Units | 2023-04-01 | M | D | 12,500 | $0.00 | 25,000 | D | — · — to — | 12,500 Common Stock | (F3) The securities are restricted stock units representing a contingent right to receive one share of Turtle Beach Corporation common stock or, cash with a value equal to the fair market value of the underlying common stock or, a combination thereof. (F6) These restricted stock units vest in equal annual installments until April 1, 2025. |
| 7 | Derivative | Restricted Stock Units | 2023-04-01 | M | D | 14,375 | $0.00 | 14,375 | D | — · — to — | 14,375 Common Stock | (F3) The securities are restricted stock units representing a contingent right to receive one share of Turtle Beach Corporation common stock or, cash with a value equal to the fair market value of the underlying common stock or, a combination thereof. (F4) These restricted stock units vest in equal annual installments until April 1, 2024. |
| 8 | Derivative | Restricted Stock Units | 2023-04-01 | M | D | 13,250 | $0.00 | 0 | D | — · — to — | 13,250 Common Stock | (F3) The securities are restricted stock units representing a contingent right to receive one share of Turtle Beach Corporation common stock or, cash with a value equal to the fair market value of the underlying common stock or, a combination thereof. (F5) These restricted stock units vested in full on April 1, 2023. |
| 9 | Derivative | Restricted Stock Units | 2023-04-01 | A | A | 85,000 | $0.00 | 85,000 | D | — · — to — | 85,000 Common Stock | (F3) The securities are restricted stock units representing a contingent right to receive one share of Turtle Beach Corporation common stock or, cash with a value equal to the fair market value of the underlying common stock or, a combination thereof. (F8) One-quarter of these restricted stock units will vest on April 1, 2024, with the remainder of the restricted stock units vesting in equal annual installments until April 1, 2027. |
| 10 | Derivative | Restricted Stock Units | 2023-04-01 | M | D | 16,250 | $0.00 | 48,750 | D | — · — to — | 16,250 Common Stock | (F3) The securities are restricted stock units representing a contingent right to receive one share of Turtle Beach Corporation common stock or, cash with a value equal to the fair market value of the underlying common stock or, a combination thereof. (F7) These restricted stock units vest in equal annual installments until April 1, 2026. |