Sidney D. Rosenblatt - Feb 21, 2023 Form 4 Insider Report for UNIVERSAL DISPLAY CORP \PA\ (OLED)

Role
Director
Signature
/s/ Sidney D. Rosenblatt (by Mauro Premutico as power of attorney)
Stock symbol
OLED
Transactions as of
Feb 21, 2023
Transactions value $
$0
Form type
4
Date filed
2/23/2023, 06:00 PM
Previous filing
Feb 21, 2023
Next filing
Mar 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLED Common Stock Award $0 +19.3K +18.43% $0.00 124K Feb 21, 2023 Direct F1, F2
holding OLED Common Stock 41.5K Feb 21, 2023 By Grantor Retained Annuity Trust
holding OLED Common Stock 13K Feb 21, 2023 By Spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock granted to the Reporting Person by the Issuer's Board of Directors on February 21, 2023 upon recommendation of the Human Capital Committee. This number of shares equals the number of shares the Reporting Person would have received, but for his retirement, during the first quarter of 2023, upon the vesting of one-third of each of the time-based restricted share unit grants made in 2020, 2021 and 2022 (which grants were reported in previous Form 4 filings and are not again included in Column 5).
F2 Reflects the forfeiture of an aggregate of 15,204 time-based restricted share units issued to the Reporting Person as compensation during 2021 and 2022 (and reflected in previous Form 4 filings) that were forfeited by the Reporting Person upon his retirement from the Issuer.
F3 These shares are held by the Reporting Person's spouse and are being reported as beneficially owned by him.