SEC Form 4 · accession 0000899243-15-008984
UNIVERSAL DISPLAY CORP \PA\ · OLED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sherwin I Seligsohn
Officer — Chairman of Board and Founder · Director
Period of report
Nov 25, 2015
Accepted (ET)
Nov 30, 2015 · 5:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001005284
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 9, 2015 | G | 10,000 | $0.00 | D | 247,693 | D | |
| Common StockF1 | Nov 25, 2015 | S | 20,000 | $50.00 | D | 227,693 | D | |
| Common Stock | Nov 30, 2015 | M | 50,000 | $10.51 | A | 277,693 | D | |
| Common Stock | Nov 30, 2015 | F | 18,008 | $52.56 | D | 259,685 | D | |
| Common StockF2 | holding | — | — | — | 21,000 | I | By Trust | |
| Common StockF3 | holding | — | — | — | 136,000 | I | By Corp. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $10.51 | Nov 30, 2015 | M | 50,000 | D | Dec 30, 2005 | Dec 30, 2015 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1Non-Discretionary Trading Plan previously entered into by Mr. Seligsohn.
- F2The Seligsohn Foundation, of which Mr. Seligsohn is the sole trustee.
- F3American Biomimetics Corporation, of which Mr. Seligsohn is the sole Director, Chairman, President and Secretary.