UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2014

Mar 11, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL DISPLAY CORP \PA\ (OLED)
CIK: 0001005284
Period of Report: 2014-03-07

Reporting Person: BROWN JULIA J (Chief Technical Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-07	Common Stock	F	1045	$34.11	Disposed	230860	Direct
2014-03-08	Common Stock	F	4362	$34.11	Disposed	226498	Direct

Footnotes

F1: These shares were withheld to satisfy a tax liability in connection with the vesting on March 7, 2014 of 3,480 shares of restricted stock previously granted to Dr. Brown.

F2: These shares were withheld to satisfy a tax liability in connection with the vesting on March 8, 2014 of 14,342 shares of restricted stock previously granted to Dr. Brown.