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

Apr 9, 2020

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: ABRAMSON STEVEN V (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-07	Common Stock	A	4078	$0.0	Acquired	194264	Direct
2020-04-07	Common Stock	F	1729	$134.75	Disposed	192535	Direct
2020-04-07	Common Stock	F	21210	$134.75	Disposed	171325	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	51955	Indirect

Footnotes

F1: These shares were granted to Mr. Abramson 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: Includes 62 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on March 31, 2020.

F3: These shares were withheld to satisfy a tax liability in connection with the vesting on April 7, 2020 of 4,078 shares of restricted stock previously granted to Mr. Abramson.

F4: These shares were withheld to satisfy a tax liability in connection with the vesting on April 7, 2020 of 50,000 shares of restricted stock previously granted to Mr. Abramson.