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: ROSENBLATT SIDNEY D (Director, EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-03	Common Stock	G	200	—	Disposed	245817	Direct
2015-03-03	Common Stock	F	1309	$35.98	Disposed	244508	Direct
2015-03-03	Common Stock	A	8512	—	Acquired	253020	Direct

Holdings (Non-Derivative)

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

Footnotes

F1: Includes 60 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on December 31, 2014.

F2: These shares were withheld to satisfy a tax liability in connection with the vesting on March 3, 2015 of 2,953 shares of restricted stock previously granted to Mr. Rosenblatt.

F3: These units were granted to Mr. Rosenblatt under the Company's Long Term Incentive Plan as part of his 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.

F4: Mr. Rosenblatt transferred these shares to the Sidney Rosenblatt June 2018 Annuity Trust on June 18, 2014.

F5: These shares are held by Mr. Rosenblatt's children and are being reported as beneficially owned by him.

F6: 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.