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UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2015
Mar 30, 2015
30834_dirs_2015-03-30_30c77943-0674-4f44-bce3-8d79210381ac.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNIVERSAL DISPLAY CORP \PA\ (OLED)
CIK: 0001005284
Period of Report: 2015-03-27
Reporting Person: SELIGSOHN SHERWIN I (Director, Chairman of Board and Founder)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-27 | Common Stock | A | 4248 | — | Acquired | 279605 | Direct |
| 2015-03-27 | Common Stock | F | 1912 | $46.78 | Disposed | 277693 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 21000 | Indirect |
| Common Stock | 136000 | Indirect |
Footnotes
F1: These performance units were granted to Mr. Seligsohn under the Company's Long Term Incentive Plan as part of his 2013 compensation and vested subject to the satisfaction of certain performance conditions, which our Compensation Committee certified as having occurred on March 27, 2015.
F2: These shares were withheld to satisfy a tax liability in connection with the vesting on March 27, 2015 of 4,248 shares of restricted stock previously granted to Mr. Seligsohn.
F3: The Seligsohn Foundation, of which Mr. Seligsohn is the sole trustee.
F4: American Biomimetics Corporation, of which Mr. Seligsohn is the sole Director, Chairman, President and Secretary.