Sherwin I. Seligsohn - Apr 5, 2022 Form 4 Insider Report for UNIVERSAL DISPLAY CORP \PA\ (OLED)

Role
Chairman of Board and Founder, Director
Signature
/s/ Sherwin I. Seligsohn (by Mauro Premutico as power of attorney)
Stock symbol
OLED
Transactions as of
Apr 5, 2022
Transactions value $
-$83,604
Form type
4
Date filed
4/7/2022, 04:00 PM
Previous filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLED Common Stock Award $0 +1.21K +1.37% $0.00 89.6K Apr 5, 2022 Direct F1
transaction OLED Common Stock Tax liability -$83.6K -512 -0.57% $163.29 89.1K Apr 5, 2022 Direct F2
holding OLED Common Stock 21K Apr 5, 2022 By Trust
holding OLED Common Stock 136K Apr 5, 2022 By Corp.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were granted to the reporting person as performance units under the Company's Long Term Incentive Plan as part of 2019 compensation and vested subject to the satisfaction of certain performance conditions, which our Human Capital Committee certified on April 5, 2022 as having occurred.
F2 These shares were withheld to satisfy a tax liability in connection with the vesting on April 5, 2022 of 1,208 shares of restricted stock previously granted to the reporting person.