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UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2021
Mar 9, 2021
30834_dirs_2021-03-09_48210727-8a7a-42a2-945a-ec8c3a0157c3.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: ABRAMSON STEVEN V (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-02 | Common Stock | A | 18649 | $0.00 | Acquired | 178506 | Direct |
| 2021-03-05 | Common Stock | F | 352 | $189.08 | Disposed | 178154 | Direct |
| 2021-03-06 | Common Stock | F | 420 | $189.08 | Disposed | 177734 | Direct |
| 2021-03-06 | Common Stock | F | 3629 | $189.08 | Disposed | 174105 | Direct |
| 2021-03-06 | Common Stock | F | 5427 | $189.08 | Disposed | 168678 | Direct |
| 2021-03-06 | Common Stock | A | 744 | $0.00 | Acquired | 169422 | Direct |
| 2021-03-06 | Common Stock | F | 315 | $189.08 | Disposed | 169107 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 55608 | Indirect |
Footnotes
F1: These units were granted to Mr. Abramson under the Company's Long Term Incentive Plan as part of his 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 831 shares of restricted stock previously granted to Mr. Abramson.
F3: These shares were withheld to satisfy a tax liability in connection with the vesting on March 6, 2021 of 991 shares of restricted stock previously granted to Mr. Abramson.
F4: These shares were withheld to satisfy a tax liability in connection with the vesting on March 6, 2021 of 8,556 shares of restricted stock previously granted to Mr. Abramson.
F5: These shares were withheld to satisfy a tax liability in connection with the vesting on March 6, 2021 of 12,800 shares of restricted stock previously granted to Mr. Abramson.
F6: These shares were granted to Mr. Abramson as performance units under the Company's Long Term Incentive Plan as part of his 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.
F7: These shares were withheld to satisfy a tax liability in connection with the vesting on March 6, 2021 of 744 shares of restricted stock previously granted to Mr. Abramson.