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UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2016
Mar 4, 2016
30834_dirs_2016-03-03_6b65e464-4574-4012-ba7e-b612fc178e46.zip
Director's Dealing
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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: SELIGSOHN SHERWIN I (Director, Chairman of Board and Founder)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-01 | Common Stock | A | 3162 | — | Acquired | 262847 | Direct |
| 2016-03-03 | Common Stock | F | 851 | $49.09 | Disposed | 261996 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 21000 | Indirect |
| Common Stock | 136000 | Indirect |
Footnotes
F1: These units were granted to Mr. Seligsohn 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 2,803 shares of restricted stock previously granted to Mr. Seligsohn.
F3: The Seligsohn Foundation, of which Mr. Seligsohn is the sole trustee.
F4: American Biomimetics Corporation, of which Mr. Seligsohn is the sole Director, Chairman, President and Secretary.