STEVEN V. ABRAMSON - 22 Mar 2023 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)
Issuer symbol
OLED
Transactions as of
22 Mar 2023
Transactions value $
-$197,195
Form type
4
Filing time
24 Mar 2023, 16:00:18 UTC
Previous filing
08 Mar 2023
Next filing
08 Dec 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 +3.21K +1.61% $0.00 203K 22 Mar 2023 Direct F1
transaction OLED Common Stock Tax liability -$197K -1.36K -0.67% $144.89 201K 22 Mar 2023 Direct F2
holding OLED Common Stock 23.6K 22 Mar 2023 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 granted to the Reporting Person as performance units under the Company's Long Term Incentive Plan as part of 2020 compensation and vested subject to the satisfaction of certain performance conditions, which our Human Capital Committee certified on March 22, 2023 as having occurred.
F2 These shares were withheld to satisfy a tax liability in connection with the vesting on March 22, 2023 of 3,209 shares of restricted stock previously granted to the Reporting Person.