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UNIVERSAL DISPLAY CORP \PA\ Director's Dealing 2022

Apr 7, 2022

30834_dirs_2022-04-07_35de7b9d-e242-4694-ba01-28053b10aeb5.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: 2022-04-05

Reporting Person: ABRAMSON STEVEN V (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-09-02 Common Stock G 2248 $0.00 Acquired 182510 Direct
2022-04-05 Common Stock A 2494 $0.00 Acquired 185058 Direct
2022-04-05 Common Stock F 1057 $163.29 Disposed 184001 Direct
2021-09-02 Common Stock G 2248 $0.00 Disposed 44785 Indirect

Footnotes

F1: Reflects transfer of shares from a Grantor Retained Annity Trust back to the reporting person on September 2, 2021.

F2: 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.

F3: Includes 54 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on March 31, 2022.

F4: These shares were withheld to satisfy a tax liability in connection with the vesting on April 5, 2022 of 2,494 shares of restricted stock previously granted to the reporting person.