UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2019

Mar 6, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL DISPLAY CORP \PA\ (OLED)
CIK: 0001005284
Period of Report: 2019-03-01

Reporting Person: SELIGSOHN SHERWIN I (Director, Chairman of Board and Founder)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-01	Common Stock	F	307	$152.38	Disposed	92303	Direct
2019-03-05	Common Stock	A	2372	—	Acquired	94675	Direct
2019-03-05	Common Stock	F	650	$153.07	Disposed	94025	Direct
2019-03-05	Common Stock	A	1207	—	Acquired	95232	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	21000	Indirect
Common Stock	136000	Indirect

Footnotes

F1: These shares were withheld to satisfy a tax liability in connection with the vesting on March 1, 2019 of 1,054 shares of restricted stock previously granted to Mr. Seligsohn.

F2: Amount reflects an adjustment for bona fide gifts totaling 5,000 shares that were made by Mr. Seligsohn at the end of December 2018 and not previously reported.

F3: These shares were granted to Mr. Seligsohn as performance units under the Company's Long Term Incentive Plan as part of his 2016 compensation and vested subject to the satisfaction of certain performance conditions, which our Compensation Committee certified on March 5, 2019 as having occurred.

F4: These shares were withheld to satisfy a tax liability in connection with the vesting on March 5, 2019 of 2,372 shares of restricted stock previously granted to Mr. Seligsohn.

F5: These units were granted to Mr. Seligsohn under the Company's Long Term Incentive Plan as part of his 2019 compensation and are subject to a time-based restriction, with one-third of the total unit amount vesting on each of March 5, 2020, 2021, and 2022.

F6: The Seligsohn Foundation, of which Mr. Seligsohn is the sole trustee.

F7: American Biomimetics Corporation, of which Mr. Seligsohn is the sole Director, Chairman, President and Secretary.