UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2010

Jan 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL DISPLAY CORP \PA\ (PANL)
CIK: 0001005284
Period of Report: 2010-01-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-09	Common Stock	F	2235	$14.24	Disposed	222781	Direct

Footnotes

F1: These shares were withheld to satisfy a tax liability in connection with the vesting, on January 9, 2010, of 5,656 shares of restricted stock previously granted to Mr. Abramson.