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: ROSENBLATT SIDNEY D (Director, EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-01	Common Stock	F	925	$152.38	Disposed	242461	Direct
2019-03-05	Common Stock	A	4899	—	Acquired	247360	Direct
2019-03-05	Common Stock	F	2078	$153.07	Disposed	245282	Direct
2019-03-05	Common Stock	A	2493	—	Acquired	247775	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	69938	Indirect
Common Stock	50356	Indirect
Common Stock	23000	Indirect

Footnotes

F1: These shares were withheld to satisfy a tax liability in connection with the vesting on March 1, 2019 of 2,177 shares of restricted stock previously granted to Mr. Rosenblatt.

F2: These shares were granted to Mr. Rosenblatt 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.

F3: These shares were withheld to satisfy a tax liability in connection with the vesting on March 5, 2019 of 4,899 shares of restricted stock previously granted to Mr. Rosenblatt.

F4: These units were granted to Mr. Rosenblatt 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.

F5: These shares are held by the Rosenblatt Family Limited Partnership, a limited partnership of which Mr. Rosenblatt is the sole general partner and he and his children are the sole limited partners.

F6: These shares are held by Mr. Rosenblatt's spouse and are being reported as beneficially owned by him.