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UNIVERSAL DISPLAY CORP \PA\ Director's Dealing 2010

Jan 8, 2010

30834_dirs_2010-01-08_8e1412bd-f1ad-4625-8aab-0e693ed4ae57.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL DISPLAY CORP \PA\ (PANL)
CIK: 0001005284
Period of Report: 2010-01-06

Reporting Person: ROSENBLATT SIDNEY D (Director, EVP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-10-23 Common Stock G 1085 Disposed 299145 Direct
2010-01-06 Common Stock A 22230 Acquired 322089 Direct
2010-01-06 Common Stock F 9174 $14.17 Disposed 312915 Direct
2010-01-06 Common Stock A 21171 Acquired 334086 Direct
2010-01-06 Common Stock F 3904 $14.17 Disposed 330182 Direct

Footnotes

F1: Includes 683 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on September 30, 2009.

F2: Includes 714 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on December 31, 2009.

F3: These shares were withheld to satisfy a tax liability.

F4: These shares are subject to a vesting restriction, with one-third of the total share amount vesting on each of January 6, 2011, 2012 and 2013.

F5: These shares were withheld to satisfy a tax liability in connection with the vesting, on January 6, 2010, of 9,881 shares of restricted stock previously granted to Mr. Rosenblatt.