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UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2021
Mar 9, 2021
30834_dirs_2021-03-09_0a6bea57-a7e1-4933-b0a1-cfcb7d909c9b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNIVERSAL DISPLAY CORP \PA\ (OLED)
CIK: 0001005284
Period of Report: 2021-03-02
Reporting Person: BROWN JULIA J (Chief Technical Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-02 | Common Stock | A | 13089 | $0.00 | Acquired | 90342 | Direct |
| 2021-03-05 | Common Stock | F | 160 | $189.08 | Disposed | 90182 | Direct |
| 2021-03-06 | Common Stock | F | 190 | $189.08 | Disposed | 89992 | Direct |
| 2021-03-06 | Common Stock | A | 523 | $0.00 | Acquired | 90515 | Direct |
| 2021-03-06 | Common Stock | F | 150 | $189.08 | Disposed | 90365 | Direct |
| 2021-03-06 | Common Stock | F | 2024 | $189.08 | Disposed | 88341 | Direct |
| 2021-03-08 | Common Stock | F | 10605 | $199.81 | Disposed | 77736 | Direct |
Footnotes
F1: These units were granted to Dr. Brown under the Company's Long Term Incentive Plan as part of her 2021 compensation and are subject to a time-based restriction, with one-third of the total unit amount vesting on each of March 2, 2022, 2023, and 2024.
F2: These shares were withheld to satisfy a tax liability in connection with the vesting on March 5, 2021 of 584 shares of restricted stock previously granted to Dr. Brown.
F3: These shares were withheld to satisfy a tax liability in connection with the vesting on March 6, 2021 of 696 shares of restricted stock previously granted to Dr. Brown.
F4: These shares were granted to Dr. Brown as performance units under the Company's Long Term Incentive Plan as part of her 2018 compensation and vested on March 6, 2021 subject to the satisfaction of certain performance conditions, which our Human Capital Committee certified on February 16, 2021 as having occurred.
F5: These shares were withheld to satisfy a tax liability in connection with the vesting on March 6, 2021 of 523 shares of restricted stock previously granted to Dr. Brown
F6: These shares were withheld to satisfy a tax liability in connection with the vesting on March 6, 2021 of 6,005 shares of restricted stock previously granted to Dr. Brown.
F7: These shares were withheld to satisfy a tax liability in connection with the vesting on March 8, 2021 of 25,000 shares of restricted stock previously granted to Dr. Brown.