Transaction Details

Footnotes

Performance stock units ("PSUs") were converted into common stock on a one-for-one basis. | Restricted stock units ("RSUs") were converted into common stock on a one-for-one basis. | Represents shares withheld to satisfy tax withholding obligations upon the vesting of PSUs and RSUs awarded to the reporting person. | These securities are PSUs 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. | Acquired upon achievement of certain performance criteria pursuant to 34% of the PSUs granted on April 1, 2023 under the Turtle Beach Corporation Stock Based 2023 Incentive Compensation Plan. The vesting of such PSUs was determined over a three-year period based on (i) the amount by which revenue growth exceeds a defined baseline market growth each year and (ii) the achievement of specified tiers of adjusted EBITDA as a percentage of net revenue each year, with the ability to earn and vest into such units ranging from 0% to 200%. These PSUs vested with respect to the underlying shares of Turtle Beach Corporation common stock on April 1, 2026. | These PSUs granted on April 1, 2024 vested in 6,920 shares on each of April 1, 2025 and April 1, 2026 and will vest in 7,130 shares on April 1, 2027. | The securities are RSUs 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. | These RSUs vested in full on April 1, 2026. | These RSUs vest in equal annual installments until April 1, 2027. | These RSUs vest in equal annual installments until April 1, 2028. | These RSUs vest in equal annual installments until April 1, 2029. | One-quarter of these RSUs will vest on April 1, 2027, with the remainder of the RSUs vesting in equal annual installments until April 1, 2030. | These options were exercisable as of the transaction date.