| 1. Name
and Address of Reporting Person * Stark Juergen M. |
2. Issuer Name and Ticker or Trading
Symbol Turtle Beach Corp [ HEAR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)__X__
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Chief Executive Officer &
Pres |
|
(Last)
(First)
(Middle)
C/O TURTLE BEACH CORPORATION, 11011 VIA FRONTERA, SUITE
A/B |
3. Date of Earliest Transaction (MM/DD/YYYY)
9/16/2020
|
|
(Street)
SAN DIEGO, CA 92127
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
| Explanation of
Responses: |
| (1) |
Sales pursuant to a 10b5-1
plan. The price reported represents the weighted average sales
price of shares sold in multiple transactions at prices ranging
from $17.50 to $18.01 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 sold at
each price within the range. |
| (2) |
Sales pursuant to a 10b5-1
plan. The price reported represents the weighted average sales
price of shares sold in multiple transactions at prices ranging
from $17.52 to $18.00 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 sold at
each price within the range. |
| (3) |
Sales pursuant to a 10b5-1
plan. The price reported represents the weighted average sales
price of shares sold in multiple transactions at prices ranging
from $17.01 to $17.55 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 sold at
each price within the range. |
| (4) |
Sales pursuant to a 10b5-1
plan. The price reported represents the weighted average sales
price of shares sold in multiple transactions at prices ranging
from $17.58 to $17.77 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 sold at
each price within the range. |
| (5) |
Sales pursuant to a 10b5-1
plan. The price reported represents the weighted average sales
price of shares sold in multiple transactions at prices ranging
from $17.58 to $18.12 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 sold at
each price within the range. |
| (6) |
All options were exercisable
as of the transaction date. |
| (7) |
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. |
| (8) |
One-quarter of the
restricted stock units granted on April 1, 2019 to the Reporting
Person vest annually, so that the restricted stock units will
become fully vested on April 1, 2023. |
| (9) |
One-quarter of the
underlying shares will vest on April 1, 2021 with the remainder of
the restricted stock units vesting in equal annual installments
until April 1, 2024. |
| (10) |
These options are scheduled
to vest in equal monthly installments until November 13,
2021. |
| (11) |
These options are scheduled
to vest in equal monthly installments until April 11,
2022. |
| (12) |
These options are scheduled
to vest in equal monthly installments until April 1,
2023. |
| (13) |
One-quarter of the options
will vest on April 1, 2021, with the remainder vesting with respect
to 1/48 of the underlying shares each month thereafter. |
