0000929638-23-001074.txt : 20230404 0000929638-23-001074.hdr.sgml : 20230404 20230404165852 ACCESSION NUMBER: 0000929638-23-001074 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230401 FILED AS OF DATE: 20230404 DATE AS OF CHANGE: 20230404 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hanson John T CENTRAL INDEX KEY: 0001531225 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35465 FILM NUMBER: 23798908 MAIL ADDRESS: STREET 1: 11011 VIA FRONTERA, SUITE A/B CITY: SAN DIEGO STATE: CA ZIP: 92127 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Turtle Beach Corp CENTRAL INDEX KEY: 0001493761 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 272767540 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 44 SOUTH BROADWAY STREET 2: 4TH FLOOR CITY: WHITE PLAINS STATE: NY ZIP: 10601 BUSINESS PHONE: 888-496-8001 MAIL ADDRESS: STREET 1: 44 SOUTH BROADWAY STREET 2: 4TH FLOOR CITY: WHITE PLAINS STATE: NY ZIP: 10601 FORMER COMPANY: FORMER CONFORMED NAME: Parametric Sound Corp DATE OF NAME CHANGE: 20100609 4 1 form4.xml X0407 4 2023-04-01 0001493761 Turtle Beach Corp HEAR 0001531225 Hanson John T C/O TURTLE BEACH CORPORATION 44 SOUTH BROADWAY, 4TH FLOOR WHITE PLAINS NY 10601 true CFO, Treasurer and Secretary false Common Stock 2023-04-01 4 M 0 5000 A 35398 D Common Stock 2023-04-01 4 M 0 6875 A 42273 D Common Stock 2023-04-01 4 M 0 4500 A 46773 D Common Stock 2023-04-01 4 M 0 6000 A 52773 D Common Stock 2023-04-01 4 F 0 10297 10.02 D 42476 D Restricted Stock Units 2023-04-01 4 M 0 5000 0 D Common Stock 5000 0 D Restricted Stock Units 2023-04-01 4 M 0 6875 0 D Common Stock 6875 6875 D Restricted Stock Units 2023-04-01 4 M 0 4500 0 D Common Stock 4500 9000 D Restricted Stock Units 2023-04-01 4 M 0 6000 0 D Common Stock 6000 18000 D Restricted Stock Units 2023-04-01 4 A 0 31500 0 A Common Stock 31500 31500 D Restricted Stock Units Common Stock 5980 5980 D Stock Option (Right to Buy) 2.04 2027-11-13 Common Stock 2696 2696 D Stock Option (Right to Buy) 12.1 2029-04-01 Common Stock 14167 14167 D Stock Option (Right to Buy) 5.95 2030-04-01 Common Stock 33230 33230 D Stock Option (Right to Buy) 3.12 2028-04-11 Common Stock 29391 29391 D Restricted stock units were converted into common stock on a one-for-one basis. Represents shares withheld to satisfy tax withholding obligations upon the vesting of the shares of restricted stock awarded to the reporting person. 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. These restricted stock units vested in full on April 1, 2023. These restricted stock units vest in equal annual installments until April 1, 2024. These restricted stock units vest in equal annual installments until April 1, 2025. These restricted stock units vest in equal annual installments until April 1, 2026. 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. These restricted stock units will vest in full on May 17, 2023, subject to continued employment in good standing through such date. All options were exercisable as of the transaction date. All exercised options were exercisable as of the transaction date, with the remaining options scheduled to vest in equal monthly installments until April 1, 2024. /s/ John T. Hanson 2023-04-04