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
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. All options were exercisable as of the date of this Form 4.
  6. These options are scheduled to vest in equal monthly installments until April 4, 2020.
  7. These options are scheduled to vest in equal monthly installments until November 13, 2021.
  8. 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.
  9. 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.