SEC Form 4 · accession 0001005284-15-000022
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
Mar 3, 2015
Accepted (ET)
Mar 5, 2015 · 4:18 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 StockF1 | Mar 3, 2015 | F | 498 | $35.98 | D | 275,373 | D | |
| Common StockF2 | Mar 3, 2015 | A | 4,119 | $0.00 | A | 279,492 | D | |
| Common StockF3 | holding | — | — | — | 21,000 | I | By Trust | |
| Common StockF4 | holding | — | — | — | 136,000 | I | By Corp. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were withheld to satisfy a tax liability in connection with the vesting on March 3, 2015 of 1,429 shares of restricted stock previously granted to Mr. Seligsohn.
- F2These units were granted to Mr. Seligsohn under the Company's Long Term Incentive Plan as part of his 2015 compensation and are subject to a time-based vesting restriction, with one-third of the total unit amount vesting on each March 3, 2016, 2017, and 2018.
- F3The Seligsohn Foundation, of which Mr. Seligsohn is the sole trustee.
- F4American Biomimetics Corporation, of which Mr. Seligsohn is the sole Director, Chairman, President and Secretary.