Janice K. Mahon - 05 Mar 2022 Form 4 Insider Report for UNIVERSAL DISPLAY CORP \PA\ (OLED)

Role
SVP of Tech Commercialization
Signature
/s/ Janice K. Mahon (by Mauro Premutico as power of attorney)
Issuer symbol
OLED
Transactions as of
05 Mar 2022
Transactions value $
-$536,413
Form type
4
Filing time
08 Mar 2022, 15:00:34 UTC
Previous filing
04 Mar 2022
Next filing
07 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLED Common Stock Award $0 +121 +0.31% $0.000000 39,529 05 Mar 2022 Direct F1
transaction OLED Common Stock Tax liability -$9,520 -61 -0.15% $156.07 39,468 05 Mar 2022 Direct F2
transaction OLED Common Stock Tax liability -$25,595 -164 -0.42% $156.07 39,304 05 Mar 2022 Direct F3
transaction OLED Common Stock Tax liability -$204,295 -1,309 -3.33% $156.07 37,995 06 Mar 2022 Direct F4
transaction OLED Common Stock Tax liability -$297,001 -1,903 -5.01% $156.07 36,092 06 Mar 2022 Direct F5
* 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 her 2019 compensation and vested on March 5, 2022 subject to the satisfaction of certain performance conditions, which the Company's Human Capital Committee certified on February 16, 2022 as having occurred.
F2 These shares were withheld to satisfy a tax liability in connection with the vesting on March 5, 2022 of 121 shares of restricted stock previously granted to the reporting person.
F3 These shares were withheld to satisfy a tax liability in connection with the vesting on March 5, 2022 of 322 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 March 6, 2022 of 2,560 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 March 6, 2022 of 3,722 shares of restricted stock previously granted to the reporting person.