UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2024

Mar 5, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL DISPLAY CORP \PA\ (OLED)
CIK: 0001005284
Period of Report: 2024-03-02

Reporting Person: ABRAMSON STEVEN V (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-02	Common Stock	F	2636	$174.68	Disposed	209595	Direct
2024-03-02	Common Stock	A	4663	—	Acquired	214258	Direct
2024-03-02	Common Stock	F	1978	$174.68	Disposed	212280	Direct
2024-03-04	Common Stock	A	11559	—	Acquired	223839	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11712	Indirect

Footnotes

F1: These shares were withheld to satisfy a tax liability in connection with the vesting on March 2, 2024 of 6,216 shares of restricted stock previously granted to the Reporting Person.

F2: These shares were granted to the Reporting Person as performance units under the Company's Long Term Incentive Plan as part of 2021 compensation and vested on March 2, 2024 subject to the satisfaction of certain performance conditions, which the Company's Human Capital Committee certified on February 20, 2024 as having occurred.

F3: These shares were withheld to satisfy a tax liability in connection with the vesting on March 2, 2024 of 4,663 shares of restricted stock previously granted to the Reporting Person.

F4: These units were granted to the Reporting Person under the Company's Long Term Incentive Plan as part of the Reporting Person's 2024 compensation and are subject to a time-based restriction, with one-third of the total unit amount vesting on each of March 4, 2025, 2026, and 2027.