Steven V. Abramson - Feb 16, 2025 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
Feb 16, 2025
Transactions value $
-$1,865,492
Form type
4
Date filed
2/20/2025, 05:00 PM
Previous filing
Nov 22, 2024
Next filing
Mar 6, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLED Common Stock Tax liability -$273K -1.92K -0.84% $142.50 226K Feb 16, 2025 Direct F1
transaction OLED Common Stock Award $0 +7.35K +3.25% $0.00 233K Feb 18, 2025 Direct F2
transaction OLED Common Stock Tax liability -$452K -3.12K -1.34% $145.02 230K Feb 18, 2025 Direct F3
transaction OLED Common Stock Award $0 +18.5K +8.05% $0.00 249K Feb 18, 2025 Direct F2
transaction OLED Common Stock Tax liability -$1.14M -7.86K -3.16% $145.02 241K Feb 18, 2025 Direct F4
transaction OLED Common Stock Award $0 +13.8K +5.72% $0.00 255K Feb 18, 2025 Direct F5
holding OLED Common Stock 5.03K Feb 16, 2025 By Grantor Retained Annuity Trust
* 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 4,494 shares of restricted stock previously granted to the Reporting Person.
F2 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.
F3 These shares were withheld to satisfy a tax liability in connection with the vesting on February 18, 2025 of 7,348 shares of restricted stock previously granted to the Reporting Person.
F4 These shares were withheld to satisfy a tax liability in connection with the vesting on February 18, 2025 of 18,538 shares of restricted stock previously granted to the Reporting Person.
F5 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.