UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2017

Jul 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL DISPLAY CORP \PA\ (OLED)
CIK: 0001005284
Period of Report: 2017-07-19

Reporting Person: ABRAMSON STEVEN V (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-07-19	Common Stock	S	8592	$124.0234	Disposed	262888	Direct
2017-07-19	Common Stock	S	9408	$125.00	Disposed	253480	Direct
2017-07-19	Common Stock	G	131913	—	Disposed	98347	Indirect

Footnotes

F1: These shares were sold pursuant to a Rule 10b5-1 Non-Discretionary Trading Plan previously entered into by Mr. Abramson.

F2: Represents the weighted average of a range of sale prices from 123.55 to $124.20. The reporting person undertakes to provide to the Staff of the Securities and Exchange Commission, the Company or any shareholder of the Company, upon request, full information regarding the number of shares sold at each separate price.

F3: These shares were distributed from The Steven V. Abramson July 2014 Annuity Trust to family trusts in which Mr. Abramson is neither trustee nor beneficiary.

F4: These shares are held by the following GRATs: The Steven V. Abramson July 2015 Annuity Trust dated as of July 16, 2015 (27,531 shares), The Steven V. Abramson July 2016 Annuity Trust dated as of July 18, 2016 (35,750 shares), and The Steven V. Abramson July 2017 Annuity Trust dated as of July 19, 2017 (35,066 shares). Mr. Abramson is trustee and beneficiary of each such Grantor Retained Annuity Trust.