0001209191-20-058889.txt : 20201117
0001209191-20-058889.hdr.sgml : 20201117
20201117184241
ACCESSION NUMBER: 0001209191-20-058889
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201116
FILED AS OF DATE: 20201117
DATE AS OF CHANGE: 20201117
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: 201322413
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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-11-16
0
0001493761
Turtle Beach Corp
HEAR
0001531225
Hanson John T
C/O TURTLE BEACH CORPORATION
44 SOUTH BROADWAY, 4TH FLOOR
WHITE PLAINS
NY
10601
0
1
0
0
CFO, Treasurer and Secretary
Common Stock
2020-11-16
4
M
0
833
A
11917
D
Common Stock
2020-11-16
4
F
0
369
17.83
D
11548
D
Restricted Stock Units
2020-11-16
4
M
0
833
0.00
D
Common Stock
833
2502
D
Restricted Stock Units
Common Stock
15000
15000
D
Restricted Stock Units
Common Stock
28000
28000
D
Stock Option (Right to Buy)
16.52
2024-11-29
Common Stock
1146
1146
D
Stock Option (Right to Buy)
7.24
2025-05-29
Common Stock
6250
6250
D
Stock Option (Right to Buy)
4.64
2026-04-04
Common Stock
8630
8630
D
Stock Option (Right to Buy)
2.04
2027-11-13
Common Stock
26513
26513
D
Stock Option (Right to Buy)
3.12
2028-04-11
Common Stock
29391
29391
D
Stock Option (Right to Buy)
12.10
2029-04-01
Common Stock
40000
40000
D
Stock Option (Right to Buy)
5.95
2030-04-01
Common Stock
55000
55000
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.
On August 16, 2018 the reporting person was granted 10,000 restricted stock units, with one-third of the underlying shares vesting on the first anniversary of the grant date and with the remainder of the restricted stock units vesting in eight equal quarterly installments thereafter.
One-quarter of these restricted stock units will vest annually, vesting began on the April 1, 2020, so that the restricted stock units will become fully vested on April 1, 2023.
One-quarter of these restricted stock units will vest annually, beginning on April 1, 2021, so that the restricted stock units will become fully vested on April 1, 2024.
All options were exercisable as of the date of this Form 4.
These options are scheduled to vest in equal monthly installments until November 13, 2021.
These options are scheduled to vest in equal monthly installments until April 11, 2022.
These options are scheduled to vest in equal monthly installments until April 1, 2023.
One-quarter of the options will vest on April 1, 2021, with the remainder vesting with respect to 1/48 of the options each month thereafter.
/s/John T. Hanson
2020-11-17