Julia J. Brown - Mar 22, 2023 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)
Stock symbol
OLED
Transactions as of
Mar 22, 2023
Transactions value $
-$138,370
Form type
4
Date filed
3/24/2023, 04:00 PM
Previous filing
Mar 8, 2023
Next filing
Jun 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLED Common Stock Award $0 +2.25K +3.54% $0.00 65.8K Mar 22, 2023 Direct F1
transaction OLED Common Stock Tax liability -$138K -955 -1.45% $144.89 64.8K Mar 22, 2023 Direct F2
* 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 2020 compensation and vested subject to the satisfaction of certain performance conditions, which our Human Capital Committee certified on March 22, 2023 as having occurred.
F2 These shares were withheld to satisfy a tax liability in connection with the vesting on March 22, 2023 of 2,252 shares of restricted stock previously granted to the Reporting Person.