SEC Form 4 · accession 0001005284-15-000025
UNIVERSAL DISPLAY CORP \PA\ · OLED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mauro Premutico
Officer — VP, Legal & GM, Licensing
Period of report
Mar 3, 2015
Accepted (ET)
Mar 5, 2015 · 4:24 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,F2 | Mar 3, 2015 | F | 644 | $35.98 | D | 49,997 | D | |
| Common StockF3 | Mar 3, 2015 | A | 3,036 | $0.00 | A | 53,033 | D |
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 1,054 shares of restricted stock previously granted to Mr. Premutico.
- F2Includes 175 shares, 152 shares, 177 shares, and 178 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on March 31, June 30, September 30, and December 31, 2014, respectively.
- F3These units were granted to Mr. Premutico 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.