UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2015

Mar 30, 2015

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: ROSENBLATT SIDNEY D (Director, EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-18	Common Stock	G	1000	—	Disposed	221805	Direct
2015-03-27	Common Stock	A	8780	—	Acquired	230585	Direct
2015-03-27	Common Stock	F	3952	$46.78	Disposed	226633	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	43028	Indirect
Common Stock	3250	Indirect
Common Stock	110836	Indirect

Footnotes

F1: These performance units were granted to Mr. Rosenblatt 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. Rosenblatt.

F3: Mr. Rosenblatt transferred these shares to the Sidney Rosenblatt June 2018 Annuity Trust on June 18, 2014.

F4: These shares are held by Mr. Rosenblatt's children and are being reported as beneficially owned by him.

F5: These shares are held by the Rosenblatt Family Limited Partnership, a limited partnership of which he is the sole general partner and he and his children are the sole limited partners.