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Filing Details

Accession Number:: 0001209191-20-019217
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-03-16 16:01:41
Reporting Period:: 2020-03-12

Accepted Time:: 2020-03-16 16:01:41
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
1595670	M. Juergen Stark	C/O Turtle Beach Corporation 11011 Via Frontera, Suite A/B San Diego CA 92127	Chief Executive Officer & Pres	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2020-03-12	8,455	$5.15	150,737	No	4	P	Direct
Common Stock	Acquisiton	2020-03-13	3,545	$5.13	154,282	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Restricted Stock Unit	$0.00		53,000	53,000	Direct
Common Stock	Stock Option (Right to Buy)	$7.72	2022-09-03	365,912	365,912	Direct
Common Stock	Stock Option (Right to Buy)	$7.24	2025-05-29	70,000	70,000	Direct
Common Stock	Stock Option (Right to Buy)	$4.64	2026-04-04	112,500	112,500	Direct
Common Stock	Stock Option (Right to Buy)	$2.04	2027-11-13	112,500	112,500	Direct
Common Stock	Stock Option (Right to Buy)	$3.12	2028-04-11	112,500	112,500	Direct
Common Stock	Stock Option (Right to Buy)	$12.10	2029-04-01	105,000	105,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	53,000	53,000	Direct
2022-09-03	365,912	365,912	Direct
2025-05-29	70,000	70,000	Direct
2026-04-04	112,500	112,500	Direct
2027-11-13	112,500	112,500	Direct
2028-04-11	112,500	112,500	Direct
2029-04-01	105,000	105,000	Direct

Footnotes

The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $5.01 to $5.31 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 sold at each price within the range.
The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $4.96 to $5.46 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 sold 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.
All shares were exercisable as of the transaction date.
These shares are scheduled to vest in equal monthly installments until April 4, 2020.
These shares are scheduled to vest in equal monthly installments until November 13, 2021.
These shares are scheduled to vest in equal monthly installments until April 11, 2022.
One-quarter of the underlying shares will vest on April 1, 2020, with the remainder vesting with respect to 1/48 of the underlying shares each month thereafter.