Julia J. Brown - 16 Feb 2025 Form 4 Insider Report for UNIVERSAL DISPLAY CORP \PA\ (OLED)

Role
EVP & Chief Technical Officer
Signature
/s/ Julia J. Brown (by Mauro Premutico as power of attorney)
Issuer symbol
OLED
Transactions as of
16 Feb 2025
Net transactions value
-$1,161,835
Form type
4
Filing time
20 Feb 2025, 17:00:09 UTC
Previous filing
09 May 2024
Next filing
06 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLED Common Stock Tax liability $126,682 -889 -1.6% $142.50 55,735 16 Feb 2025 Direct F1
transaction OLED Common Stock Award $0 +5,158 +9.3% $0.000000 60,893 18 Feb 2025 Direct F2
transaction OLED Common Stock Tax liability $317,304 -2,188 -3.6% $145.02 58,705 18 Feb 2025 Direct F3
transaction OLED Common Stock Award $0 +13,013 +22% $0.000000 71,718 18 Feb 2025 Direct F2
transaction OLED Common Stock Tax liability $717,849 -4,950 -6.9% $145.02 66,768 18 Feb 2025 Direct F4
transaction OLED Common Stock Award $0 +9,671 +14% $0.000000 76,439 18 Feb 2025 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld to satisfy a tax liability in connection with the vesting on February 16, 2025 of 3,154 shares of restricted stock previously granted to the Reporting Person.
F2 These shares were granted to the Reporting Person as performance units under the Company's Long Term Incentive Plan as part of 2022 compensation and vested subject to the satisfaction of certain performance conditions, which the Company's Human Capital Committee certified on February 18, 2025 as having occurred.
F3 These shares were withheld to satisfy a tax liability in connection with the vesting on February 18, 2025 of 5,158 shares of restricted stock previously granted to the Reporting Person.
F4 These shares were withheld to satisfy a tax liability in connection with the vesting on February 18, 2025 of 13,013 shares of restricted stock previously granted to the Reporting Person.
F5 These units were granted to the Reporting Person under the Company's Long Term Incentive Plan as part of the Reporting Person's 2025 compensation and are subject to a time-based restriction, with one-third of the total unit amount vesting on each of February 18, 2026, 2027 and 2028.