Filing Details
- Accession Number:
- 0001531225-19-000005
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-06-12 16:32:28
- Reporting Period:
- 2019-06-11
- Accepted Time:
- 2019-06-12 16:32:28
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1493761 | Turtle Beach Corp | HEAR | Communications Equipment, Nec (3669) | 272767540 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1531225 | T John Hanson | C/O Turtle Beach Corporation 11011 Via Frontera, Suite A/B San Diego CA 92127 | Cfo, Treasurer And Secretary | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2019-06-11 | 4,900 | $10.33 | 4,900 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units | $0.00 | 20,000 | 20,000 | Direct | ||
Common Stock | Restricted Stock Units | $0.00 | 10,000 | 10,000 | Direct | ||
Common Stock | Stock Option (Right to Buy) | $16.52 | 2024-11-19 | 1,146 | 1,146 | Direct | |
Common Stock | Stock Option (Right to Buy) | $7.24 | 2025-05-29 | 6,250 | 6,250 | Direct | |
Common Stock | Stock Option (Right to Buy) | $4.64 | 2026-04-04 | 8,630 | 8,630 | Direct | |
Common Stock | Stock Option (Right to Buy) | $2.04 | 2027-11-13 | 26,513 | 26,513 | Direct | |
Common Stock | Stock Option (Right to Buy) | $3.12 | 2028-04-11 | 29,391 | 29,391 | Direct | |
Common Stock | Stock Option (Right to Buy) | $12.10 | 2029-04-01 | 40,000 | 40,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
20,000 | 20,000 | Direct | |
10,000 | 10,000 | Direct | |
2024-11-19 | 1,146 | 1,146 | Direct |
2025-05-29 | 6,250 | 6,250 | Direct |
2026-04-04 | 8,630 | 8,630 | Direct |
2027-11-13 | 26,513 | 26,513 | Direct |
2028-04-11 | 29,391 | 29,391 | Direct |
2029-04-01 | 40,000 | 40,000 | Direct |
Footnotes
- The price reported represents the weighted average price of shares purchased in multiple transactions at prices ranging from $10.06 to $10.39 per share. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- 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.
- One-quarter of these restricted stock units will vest annually, beginning on April 1, 2020, so that the restricted stock units will become fully vested on April 1, 2023.
- One-third of these restricted stock units will vest on August 16, 2019, with the remainder of the restricted stock units vesting in eight equal quarterly installments thereafter.
- All options were exercisable as of the date of this Form 4.
- These options are scheduled to vest in equal monthly installments until April 4, 2020.
- These options are scheduled to vest in equal monthly installments until November 13, 2021.
- One-quarter of the options vested on April 11, 2019, with the remainder vesting with respect to 1/48 of the underlying shares each month thereafter.
- One-quarter of the options will vest on April 1, 2020, with the remainder vesting with respect to 1/48 of the underlying shares each month thereafter.