SHERWIN I. SELIGSOHN - 05 Apr 2022 Form 4 Insider Report for UNIVERSAL DISPLAY CORP \PA\ (OLED)

Role: Chairman of Board and Founder, Director
Signature: /s/ Sherwin I. Seligsohn (by Mauro Premutico as power of attorney)
Issuer symbol: OLED
Transactions as of: 05 Apr 2022
Transactions value $: -$83,604
Form type: 4
Filing time: 07 Apr 2022, 16:00:49 UTC
Previous filing: 08 Mar 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	+1.21K	+1.37%	$0.00	89.6K	05 Apr 2022	Direct	F1
transaction	OLED	Common Stock	Tax liability	-$83.6K	-512	-0.57%	$163.29	89.1K	05 Apr 2022	Direct	F2
holding	OLED	Common Stock						21K	05 Apr 2022	By Trust
holding	OLED	Common Stock						136K	05 Apr 2022	By Corp.

* 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	These shares were withheld to satisfy a tax liability in connection with the vesting on April 5, 2022 of 1,208 shares of restricted stock previously granted to the reporting person.