STEVEN ABRAMSON V. - 16 Feb 2022 Form 4 Insider Report for UNIVERSAL DISPLAY CORP \PA\ (OLED)

Role
President and CEO, Director
Signature
/s/ Steven V. Abramson (by Mauro Premutico as power of attorney)
Issuer symbol
OLED
Transactions as of
16 Feb 2022
Net transactions value
$0
Form type
4
Filing time
18 Feb 2022, 15:00:17 UTC
Next filing
04 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLED Common Stock Gift $0 +3,899 +2.3% $0.000000 173,971 30 Jul 2021 Direct F1, F2
transaction OLED Common Stock Gift $0 +4,676 +2.7% $0.000000 178,647 30 Dec 2021 Direct F3
transaction OLED Common Stock Award $0 +13,482 +7.5% $0.000000 192,129 16 Feb 2022 Direct F4
transaction OLED Common Stock Gift $0 -3,899 -7% $0.000000 51,709 30 Jul 2021 By Grantor Retained Annuity Trust F1
transaction OLED Common Stock Gift $0 -4,676 -9% $0.000000 47,033 30 Dec 2021 By Grantor Retained Annuity Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects transfer from a grantor retained annuity trust on July 30, 2021.
F2 Includes 46 shares and 25 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on June 30, 2021 and September 30, 2021, respectively.
F3 Reflects transfer from a grantor retained annuity trust on December 30, 2021.
F4 These units were granted to Mr. Abramson under the Company's Long Term Incentive Plan as part of his 2022 compensation and are subject to a time-based restriction, with one-third of the total unit amount vesting on each of February 16, 2023, 2024, and 2025.