Filing Details

Accession Number:
0000899243-18-022719
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-17 17:15:45
Reporting Period:
2018-08-16
Accepted Time:
2018-08-17 17:15:45
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
Ceo & President Yes 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 Disposition 2018-08-16 50,000 $25.22 180,131 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
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
Expiration Date Amount Remaning Holdings Nature of Ownership
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
Footnotes
  1. The Reporting Person contributed shares of Turtle Beach Corporation common stock to an exchange fund in exchange for shares of the exchange fund. The shares of Turtle Beach Common Stock were valued at $25.22 per share for the purpose of determining the number of shares of the exchange fund issuable to the Reporting Person.
  2. All shares were exercisable as of the transaction date.
  3. 55,416 of the underlying shares have vested, with the remainder scheduled to vest in equal monthly installments until May 29, 2019.
  4. 65,625 of the underlying shares have vested, with the remainder scheduled to vest in equal monthly installments until April 4, 2020.
  5. One-quarter of the underlying shares will vest on November 13, 2018, with the remainder vesting with respect to 1/48 of the underlying shares each month thereafter.
  6. One-quarter of the underlying shares will vest on April 11, 2019, with the remainder vesting with respect to 1/48 of the underlying shares each month thereafter.