Radigan Kevin Form 4 Ubiquiti / Kevin Radigan ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Radigan Kevin

(Last)

(First)

(Middle)

C/O UBIQUITI INC.

685 THIRD AVENUE, 27TH FLOOR

(Street)

NEW YORK

10017

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Ubiquiti Inc. [ UI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/01/2021		M⁽¹⁾		590	A	$0	1,380	D
Common Stock	07/01/2021		F⁽²⁾		277	D	$313.09	1,103	D
Common Stock	07/01/2021		M⁽¹⁾		382	A	$0	1,485	D
Common Stock	07/01/2021		F⁽²⁾		179	D	$313.09	1,306	D
Common Stock	07/01/2021		M⁽¹⁾		293	A	$0	1,599	D
Common Stock	07/01/2021		F⁽²⁾		137	D	$313.09	1,462	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽³⁾	07/01/2021		M			590	⁽⁴⁾	⁽⁴⁾	Common Stock	590	$0	590	D
Restricted Stock Unit	⁽³⁾	07/01/2021		M			382	⁽⁵⁾	⁽⁵⁾	Common Stock	382	$0	762	D
Restricted Stock Unit	⁽³⁾	07/01/2021		M			293	⁽⁶⁾	⁽⁶⁾	Common Stock	293	$0	876	D

Explanation of Responses:

1. Shares acquired as a result of vesting of restricted stock units ("RSU") reported on Table II.

2. Represents shares withheld to satisfy tax obligations arising out of vesting of RSUs and does not represent a sale by the reporting person.

3. Each RSU represents a contingent right to receive one share of Ubiquiti Inc. common stock.

4. The RSUs will vest as follows: 590 RSUs will vest on July 1, 2022. Vested units will be delivered to the reporting person on each vesting date.

5. The RSUs will vest as follows: 381 RSUs will vest on July 1, 2022; and the remaining 381 RSUs will vest on July 1, 2023. Vested units will be delivered to the reporting person on each vesting date.

6. The RSUs will vest as follows: 292 RSUs will vest on July 1, 2022; 292 RSUs will vest on July 1, 2023; and the remaining 292 RSUs will vest on July 1, 2024. Vested units will be delivered to the reporting person on each vesting date.

Remarks:

	/s/ Yi Qian Song, Attorney-in-Fact for Reporting Person	07/02/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Radigan Kevin Form 4Ubiquiti / Kevin Radigan ownership change