UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2023

Mar 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL DISPLAY CORP \PA\ (OLED)
CIK: 0001005284
Period of Report: 2023-03-22

Reporting Person: Mahon Janice K (SVP of Tech Commercialization)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-22	Common Stock	A	1396	$0.00	Acquired	39598	Direct
2023-03-22	Common Stock	F	714	$144.89	Disposed	38884	Direct

Footnotes

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 1,396 shares of restricted stock previously granted to the Reporting Person.