0000929638-23-001502.txt : 20230515
0000929638-23-001502.hdr.sgml : 20230515
20230515195027
ACCESSION NUMBER: 0000929638-23-001502
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230511
FILED AS OF DATE: 20230515
DATE AS OF CHANGE: 20230515
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Stark Juergen M.
CENTRAL INDEX KEY: 0001595670
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35465
FILM NUMBER: 23925144
MAIL ADDRESS:
STREET 1: 100 SUMMIT LAKE DRIVE, SUITE 100
CITY: VALHALLA
STATE: NY
ZIP: 10594
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
2023-05-11
0001493761
Turtle Beach Corp
HEAR
0001595670
Stark Juergen M.
100 SUMMIT LAKE DRIVE, SUITE 100
VALHALLA
NY
10594
true
true
CEO & President
false
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2023-05-11
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Common Stock
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Common Stock
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Stock Option (Right to Buy)
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Stock Option (Right to Buy)
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Stock Option (Right to Buy)
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Reflects shares held following options exercises, resulting in a net increase of 25,000 shares held.
Reflects the weighted average price of sales on May 11, 2023. The shares were sold in multiple transactions at prices ranging from $10.89 to $11.29, inclusive. The reporting person undertakes to provide to Turtle Beach Corporation, any security holder of Turtle Beach Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
Reflects the weighted average price of sales on May 12, 2023. The shares were sold in multiple transactions at prices ranging from $10.60 to $11.23, inclusive. The reporting person undertakes to provide to Turtle Beach Corporation, any security holder of Turtle Beach Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
Reflects the weighted average price of sales on May 15, 2023. The shares were sold in multiple transactions at prices ranging from $10.54 to $10.75, inclusive. The reporting person undertakes to provide to Turtle Beach Corporation, any security holder of Turtle Beach Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
All options were exercisable as of the transaction date.
The vesting of these options was accelerated pursuant to the previously-disclosed separation letter agreement dated as of May 1, 2023 between the issuer and the reporting person (the "Separation Letter").
The expiration date of these options was revised under the terms of the Separation Letter to the earlier of (x) the then-remaining term pursuant to the terms of each option or (y) the first anniversary of the June 30, 2023.
/s/ Juergen Stark
2023-05-15