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UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2016
Mar 4, 2016
30834_dirs_2016-03-03_fa04b932-a662-41ab-aaa9-b28f5d84d0c1.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: Mahon Janice K (VP of Tech Commercialization)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-01 | Common Stock | A | 1897 | — | Acquired | 85362 | Direct |
| 2016-03-01 | Common Stock | S | 13346 | $50.00 | Disposed | 72016 | Direct |
| 2016-03-03 | Common Stock | F | 608 | $49.09 | Disposed | 71408 | Direct |
Footnotes
F1: These units were granted to Ms. DuFour under the Company's Long Term Incentive Plan as part of her 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 sold pursuant to a Rule 10b5-1 Non-Discretionary Trading Plan previously entered into by Ms. DuFour.
F3: These shares were withheld to satisfy a tax liability in connection with the vesting on March 3, 2016 of 1,682 shares of restricted stock previously granted to Ms. DuFour.