Steven V. Abramson - Apr 5, 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)
Stock symbol
OLED
Transactions as of
Apr 5, 2022
Transactions value $
-$172,598
Form type
4
Date filed
4/7/2022, 04:01 PM
Previous filing
Mar 8, 2022
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLED Common Stock Gift $0 +2.25K +1.25% $0.00 183K Sep 2, 2021 Direct F1
transaction OLED Common Stock Award $0 +2.49K +1.37% $0.00 185K Apr 5, 2022 Direct F2, F3
transaction OLED Common Stock Tax liability -$173K -1.06K -0.57% $163.29 184K Apr 5, 2022 Direct F4
transaction OLED Common Stock Gift $0 -2.25K -4.78% $0.00 44.8K Sep 2, 2021 By Grantor Retained Annuity Trust F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects transfer of shares from a Grantor Retained Annity Trust back to the reporting person on September 2, 2021.
F2 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.
F3 Includes 54 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on March 31, 2022.
F4 These shares were withheld to satisfy a tax liability in connection with the vesting on April 5, 2022 of 2,494 shares of restricted stock previously granted to the reporting person.