Janice K. Mahon - 05 Apr 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 Apr 2022
Transactions value $
$-80,665
Form type
4
Filing time
07 Apr 2022, 16:00:43 UTC
Previous filing
08 Mar 2022
Next filing
21 Feb 2023
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 +966 +2.67% $0.000000 37,080 05 Apr 2022 Direct F1, F2
transaction OLED Common Stock Tax liability $-80,665 -494 -1.33% $163.29 36,586 05 Apr 2022 Direct F3
* 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 2019 compensation and vested subject to the satisfaction of certain performance conditions, which our Human Capital Committee certified on April 5, 2022 as having occurred.
F2 Includes 22 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on March 31, 2022.
F3 These shares were withheld to satisfy a tax liability in connection with the vesting on April 5, 2022 of 966 shares of restricted stock previously granted to the reporting person.