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

Jan 8, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL DISPLAY CORP \PA\ (OLED)
CIK: 0001005284
Period of Report: 2014-01-06

Reporting Person: BROWN JULIA J (Chief Technical Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-06	Common Stock	F	756	$33.04	Disposed	225684	Direct

Footnotes

F1: These shares were withheld to satisfy a tax liability in connection with the vesting on January 6, 2014 of 2,107 shares of restricted stock previously granted to Dr. Brown.

F2: Includes 104 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on September 30, 2013.