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

Mar 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL DISPLAY CORP \PA\ (OLED)
CIK: 0001005284
Period of Report: 2016-03-07

Reporting Person: BROWN JULIA J (Chief Technical Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-07	Common Stock	F	1058	$51.81	Disposed	295211	Direct
2016-03-08	Common Stock	F	5171	$51.39	Disposed	290040	Direct

Footnotes

F1: These shares were withheld to satisfy a tax liability in connection with the vesting on March 7, 2016 of 3,478 shares of restricted stock previously granted to Dr. Brown.

F2: These shares were withheld to satisfy a tax liability in connection with the vesting on March 8, 2016 of 11,701 shares of restricted stock previously granted to Dr. Brown.