Janice K. Mahon - Feb 16, 2025 Form 4 Insider Report for UNIVERSAL DISPLAY CORP \PA\ (OLED)

Signature
/s/ Janice K. Mahon (by Mauro Premutico as power of attorney)
Stock symbol
OLED
Transactions as of
Feb 16, 2025
Transactions value $
-$833,150
Form type
4
Date filed
2/20/2025, 05:00 PM
Previous filing
Mar 11, 2024
Next filing
Mar 6, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLED Common Stock Tax liability -$106K -744 -1.74% $142.50 42.1K Feb 16, 2025 Direct F1, F2
transaction OLED Common Stock Award $0 +3.2K +7.59% $0.00 45.3K Feb 18, 2025 Direct F3
transaction OLED Common Stock Tax liability -$237K -1.64K -3.61% $145.02 43.7K Feb 18, 2025 Direct F4
transaction OLED Common Stock Award $0 +8.07K +18.46% $0.00 51.8K Feb 18, 2025 Direct F3
transaction OLED Common Stock Tax liability -$490K -3.38K -6.53% $145.02 48.4K Feb 18, 2025 Direct F5
transaction OLED Common Stock Award $0 +5.99K +12.39% $0.00 54.4K Feb 18, 2025 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld to satisfy a tax liability in connection with the vesting on February 16, 2025 of 1,955 shares of restricted stock previously granted to the Reporting Person.
F2 Includes 28, 24, 23, and 28 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on March 28, 2024, June 28, 2024, September 30, 2024, and December 31, 2024, respectively.
F3 These shares were granted to the Reporting Person as performance units under the Company's Long Term Incentive Plan as part of 2022 compensation and vested subject to the satisfaction of certain performance conditions, which the Company's Human Capital Committee certified on February 18, 2025 as having occurred.
F4 These shares were withheld to satisfy a tax liability in connection with the vesting on February 18, 2025 of 3,197 shares of restricted stock previously granted to the Reporting Person.
F5 These shares were withheld to satisfy a tax liability in connection with the vesting on February 18, 2025 of 8,066 shares of restricted stock previously granted to the Reporting Person.
F6 These units were granted to the Reporting Person under the Company's Long Term Incentive Plan as part of the Reporting Person's 2025 compensation and are subject to a time-based restriction, with one-third of the total unit amount vesting on each of February 18, 2026, 2027 and 2028.