0001140361-15-027306.txt : 20150710
0001140361-15-027306.hdr.sgml : 20150710
20150710162148
ACCESSION NUMBER: 0001140361-15-027306
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150708
FILED AS OF DATE: 20150710
DATE AS OF CHANGE: 20150710
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: VOXX International Corp
CENTRAL INDEX KEY: 0000807707
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065]
IRS NUMBER: 131964841
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0229
BUSINESS ADDRESS:
STREET 1: 180 MARCUS BLVD
CITY: HAUPPAUGE
STATE: NY
ZIP: 11788
BUSINESS PHONE: 6312317750
MAIL ADDRESS:
STREET 1: 180 MARCUS BLVD
CITY: HAUPPAUGE
STATE: NY
ZIP: 11788
FORMER COMPANY:
FORMER CONFORMED NAME: AUDIOVOX CORP
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STOEHR CHARLES M
CENTRAL INDEX KEY: 0001254155
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09532
FILM NUMBER: 15983911
MAIL ADDRESS:
STREET 1: 180 MARCUS BLVD
STREET 2: PO BOX 12427
CITY: HAUPPAUGE
STATE: NY
ZIP: 11788-0518
4
1
doc1.xml
FORM 4
X0306
4
2015-07-08
0
0000807707
VOXX International Corp
VOXX
0001254155
STOEHR CHARLES M
180 MARCUS BLVD
HAUPPAUGE
NY
11788
1
1
0
0
CFO and Senior Vice President
SERP Restricted Stock Units
2015-07-08
4
A
0
5731
A
Class A Common
5731
5731
D
This Form 4 is filed to report a grant of restricted stock units ("RSUs") pursuant to the Issuer's 2014 Omnibus Equity Incentive Plan (the "Plan"). The RSUs will vest on the later of three years from the date of grant or the grantee reaching the age of 65 years. At the time of vesting, the Issuer, in its sole discretion, may pay RSUs in the form of cash, shares of the Issuer's Class A Common Stock or a combination of both. This Form 4 includes the reporting person's balance in the Issuer's Supplemental Executive Retirement Plan ("SERP") that is hypothetically invested 100% in the Issuer's Class A Common Stock on the date of grant.
The investment return on contributions in the SERP is generally equal to the earnings and losses that would occur if 100% of the contributions were invested in the Issuer's Class A Common Stock on the date of grant. Vested balances in the SERP are settled in the Issuer's sole discretion in the form of cash, shares of the Issuer's Class A Common Stock or a combination of both.
Represents the aggregate number of RSUs allocated to the reporting person under the SERP as of the date of grant based on the Fair Market Value defined as the mean between the highest and lowest quoted selling price of a share of the Issuer's Class A Common Stock on July 8, 2015.
The vested balance in the reporting person's SERP account is payable in cash, Class A Common Stock or a combination of both following a Participant's termination of service due to death, Disability, retirement no less than 3 years from the initial date of participation in the Plan or a reason approved by the Board in accordance with Article 2.2 of the Plan.
The number of RSUs allocated to the reporting person under the SERP is determined by dividing the amount of deferred eligible director compensation by the Fair Market Value of a share of the Issuer's Class A Common Stock on each applicable award date.
/s/ Charles M. Stoehr
2015-07-10