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UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2015
Mar 30, 2015
30834_dirs_2015-03-30_c9ee06c6-f4b1-4af3-850f-d13503636a33.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: ABRAMSON STEVEN V (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-27 | Common Stock | A | 8780 | — | Acquired | 139193 | Direct |
| 2015-03-27 | Common Stock | F | 3952 | $46.78 | Disposed | 135241 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 230260 | Indirect |
Footnotes
F1: These performance units were granted to Mr. Abramson 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 8,780 shares of restricted stock previously granted to Mr. Abramson.
F3: Mr. Abramson transferred these shares to The Steven V. Abramson July 2014 Annuity Trust on July 16, 2014.