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: ABRAMSON STEVEN V (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-01	Common Stock	F	926	$152.38	Disposed	208040	Direct
2019-03-05	Common Stock	A	4899	—	Acquired	212939	Direct
2019-03-05	Common Stock	F	2078	$153.07	Disposed	210861	Direct
2019-03-05	Common Stock	A	2493	—	Acquired	213354	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	84952	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. Abramson.

F2: These shares were granted to Mr. Abramson 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. Abramson.

F4: These units were granted to Mr. Abramson under the Company's Long Term Incentive Plan as part of his 2019 compensation and are subject to a time-based vesting restriction, with one-third of the total unit amount vesting on each of March 5, 2020, 2021, and 2022.