UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2016

Mar 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL DISPLAY CORP \PA\ (OLED)
CIK: 0001005284
Period of Report: 2016-03-01

Reporting Person: ROSENBLATT SIDNEY D (Director, EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-01	Common Stock	A	6533	—	Acquired	474903	Direct
2016-03-03	Common Stock	F	2605	$49.09	Disposed	472298	Direct

Holdings (Non-Derivative)

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

Footnotes

F1: These units were granted to Mr. Rosenblatt under the Company's Long Term Incentive Plan as part of his 2016 compensation and are subject to a time-based vesting restriction, with one-third of the total unit amount vesting on each of March 1, 2017, 2018, and 2019.

F2: These shares were withheld to satisfy a tax liability in connection with the vesting on March 3, 2016 of 5,790 shares of restricted stock previously granted to Mr. Rosenblatt.

F3: These shares are held by Mr. Rosenblatt's children and are being reported as beneficially owned by him.

F4: 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.