JULIA J. BROWN - 06 Mar 2023 Form 4 Insider Report for UNIVERSAL DISPLAY CORP \PA\ (OLED)

Role
EVP & Chief Technical Officer
Signature
/s/ Julia J. Brown (by Mauro Premutico as power of attorney)
Issuer symbol
OLED
Transactions as of
06 Mar 2023
Transactions value $
-$663,445
Form type
4
Filing time
08 Mar 2023, 15:00:29 UTC
Previous filing
06 Mar 2023
Next filing
24 Mar 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 Tax liability -$305,286 -2,171 -3.7% $140.62 55,963 06 Mar 2023 Direct F1
transaction OLED Common Stock Tax liability -$358,159 -2,547 -4.6% $140.62 53,416 06 Mar 2023 Direct F2
transaction OLED Common Stock Award $0 +10,125 +19% $0 63,541 07 Mar 2023 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 withheld to satisfy a tax liability in connection with the vesting on March 6, 2023 of 5,120 shares of restricted stock previously granted to the Reporting Person.
F2 These shares were withheld to satisfy a tax liability in connection with the vesting on March 6, 2023 of 6,005 shares of restricted stock previously granted to the Reporting Person.
F3 These units were granted to the Reporting Person under the Company's Long Term Incentive Plan as part of her 2023 compensation and are subject to a time-based restriction, with one-third of the total unit amount vesting on each of March 7, 2024, 2025, and 2026.