UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2022

Apr 7, 2022

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: SELIGSOHN SHERWIN I (Director, Chairman of Board and Founder)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-05	Common Stock	A	1208	$0.00	Acquired	89649	Direct
2022-04-05	Common Stock	F	512	$163.29	Disposed	89137	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	21000	Indirect
Common Stock	136000	Indirect

Footnotes

F1: 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.

F2: These shares were withheld to satisfy a tax liability in connection with the vesting on April 5, 2022 of 1,208 shares of restricted stock previously granted to the reporting person.