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: DuFour Janice M (VP of Tech Commercialization)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-01	Common Stock	F	239	$152.38	Disposed	57763	Direct
2019-03-05	Common Stock	A	1422	—	Acquired	59185	Direct
2019-03-05	Common Stock	F	427	$153.07	Disposed	58758	Direct
2019-03-05	Common Stock	A	966	—	Acquired	59724	Direct

Footnotes

F1: These shares were withheld to satisfy a tax liability in connection with the vesting on March 1, 2019 of 632 shares of restricted stock previously granted to Ms. DuFour.

F2: These shares were granted to Ms. DuFour as performance units under the Company's Long Term Incentive Plan as part of her 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 1,422 shares of restricted stock previously granted to Ms. DuFour.

F4: These units were granted to Ms. DuFour under the Company's Long Term Incentive Plan as part of her 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.