FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SEGE RONALD
2. Issuer Name and Ticker or Trading Symbol

Ubiquiti Inc. [ UI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

685 THIRD AVENUE, 27TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

5/15/2020
(Street)

NEW YORK, NY 10017
(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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Code V Amount (A) or (D) Price
Common Stock 5/15/2020  M  1584 (1)A$10.77 1584 D 
 
Common Stock 5/15/2020  S  1584 (2)D$172.34 (3)0 D 
 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) $10.77 5/15/2020  M     1584   (4)11/12/2022 Common Stock 1584 $0 15840 D 
 

Explanation of Responses:
(1) Includes 539 shares which are held in a constructive trust for Eugenia Sege pursuant to the terms of a divorce decree dated December 17, 2017.
(2) The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 13, 2019. The proceeds from the sale of 539 shares, net of the exercise price, will be provided to Eugenia Sege pursuant to a constructive trust established under a divorce decree dated December 17, 2017.
(3) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.55 to $173.32, inclusive. The reporting person undertakes to provide Ubiquiti Inc., any security holder of Ubiquiti Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
(4) 1/3 of the shares originally subject to the options became vested on October 4, 2013, and 1/36th of the shares originally subject to the options vested each month thereafter such that all shares were fully vested on October 4, 2015.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SEGE RONALD
685 THIRD AVENUE, 27TH FLOOR
NEW YORK, NY 10017
X



Signatures
/s/ Yi Qian Song, Attorney-in-Fact5/15/2020
**Signature of Reporting PersonDate

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