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UNIVERSAL DISPLAY CORP \PA\ — Director's Dealing 2020
Apr 9, 2020
30834_dirs_2020-04-09_d928012c-4acf-4746-967b-2a584b513693.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNIVERSAL DISPLAY CORP \PA\ (OLED)
CIK: 0001005284
Period of Report: 2020-04-07
Reporting Person: SELIGSOHN SHERWIN I (Director, Chairman of Board and Founder)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-04-07 | Common Stock | A | 1974 | $0.0 | Acquired | 96889 | Direct |
| 2020-04-07 | Common Stock | F | 837 | $134.75 | Disposed | 96052 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 21000 | Indirect |
| Common Stock | 136000 | Indirect |
Footnotes
F1: These shares were granted to Mr. Seligsohn as performance units under the Company's Long Term Incentive Plan as part of his 2017 compensation and vested subject to the satisfaction of certain performance conditions, which our Compensation Committee certified on April 7, 2020 as having occurred.
F2: These shares were withheld to satisfy a tax liability in connection with the vesting on April 7, 2020 of 1,974 shares of restricted stock previously granted to Mr. Seligsohn.
F3: The Seligsohn Foundation, of which Mr. Seligsohn is the sole trustee.
F4: American Biomimetics Corporation, of which Mr. Seligsohn is a Director and Chairman, President and Secretary.