SEC Form 4 · accession 0001005284-15-000046
UNIVERSAL DISPLAY CORP \PA\ · OLED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sidney D Rosenblatt
Officer — EVP and CFO · Director
Period of report
Mar 27, 2015
Accepted (ET)
Mar 30, 2015 · 5:19 pm EDT
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 | Mar 18, 2015 | G | 1,000 | $0.00 | D | 221,805 | D | |
| Common StockF1 | Mar 27, 2015 | A | 8,780 | $0.00 | A | 230,585 | D | |
| Common StockF2 | Mar 27, 2015 | F | 3,952 | $46.78 | D | 226,633 | D | |
| Common StockF3 | holding | — | — | — | 43,028 | I | By Grantor Retained Annuity Trust | |
| Common StockF4 | holding | — | — | — | 3,250 | I | By Individuals | |
| Common StockF5 | holding | — | — | — | 110,836 | I | By Family Limited Partnership |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These performance units were granted to Mr. Rosenblatt under the Company's Long Term Incentive Plan as part of his 2013 compensation and vested subject to the satisfaction of certain performance conditions, which our Compensation Committee certified as having occurred on March 27, 2015.
- F2These shares were withheld to satisfy a tax liability in connection with the vesting on March 27, 2015 of 8,780 shares of restricted stock previously granted to Mr. Rosenblatt.
- F3Mr. Rosenblatt transferred these shares to the Sidney Rosenblatt June 2018 Annuity Trust on June 18, 2014.
- F4These shares are held by Mr. Rosenblatt's children and are being reported as beneficially owned by him.
- F5These shares are held by the Rosenblatt Family Limited Partnership, a limited partnership of which he is the sole general partner and he and his children are the sole limited partners.