UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2020

Oct 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL DISPLAY CORP \PA\ (OLED)
CIK: 0001005284
Period of Report: 2020-10-12

Reporting Person: BROWN JULIA J (Chief Technical Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-12	Common Stock	S	4156.0	$198.76	Disposed	94733.0	Direct
2020-10-12	Common Stock	S	14461.0	$199.64	Disposed	80272.0	Direct
2020-10-12	Common Stock	S	2335.0	$200.59	Disposed	77937.0	Direct
2020-10-12	Common Stock	S	459	$201.93	Disposed	77478	Direct
2020-10-12	Common Stock	S	158	$202.36	Disposed	77320	Direct
2020-10-12	Common Stock	S	67	$203.71	Disposed	77253	Direct

Footnotes

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

F2: Represents the weighted average of a range of sale prices from $198.16 to $199.13. The reporting person undertakes to provide to the Staff of 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: Includes 18 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on June 30, 2020.

F4: Represents the weighted average of a range of sale prices from $199.16 to $200.16. The reporting person undertakes to provide to the Staff of 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.

F5: Represents the weighted average of a range of sale prices from $200.17 to $201.04. The reporting person undertakes to provide to the Staff of 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.

F6: Represents the weighted average of a range of sale prices from $201.23 to $202.19. The reporting person undertakes to provide to the Staff of 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.

F7: Represents the weighted average of a range of sale prices from $202.26 to $202.60. The reporting person undertakes to provide to the Staff of 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.

F8: Represents the weighted average of a range of sale prices from $203.51 to $203.72. The reporting person undertakes to provide to the Staff of 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.