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

Mar 5, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL DISPLAY CORP \PA\ (OLED)
CIK: 0001005284
Period of Report: 2015-03-03

Reporting Person: BROWN JULIA J (Chief Technical Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-03	Common Stock	F	664	$35.98	Disposed	225834	Direct
2015-03-03	Common Stock	A	5978	—	Acquired	231812	Direct

Footnotes

F1: These shares were withheld to satisfy a tax liability in connection with the vesting on March 3, 2015 of 2,074 shares of restricted stock previously granted to Dr. Brown.

F2: These units were granted to Dr. Brown under the Company's Long Term Incentive Plan as part of her 2015 compensation and are subject to a time-based vesting restriction, with one-third of the total unit amount vesting on each March 3, 2016, 2017, and 2018.