SEC Form 4 · accession 0001005284-15-000061
UNIVERSAL DISPLAY CORP \PA\ · OLED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven V Abramson
Officer — President and CEO · Director
Period of report
Apr 7, 2015
Accepted (ET)
Apr 9, 2015 · 4:18 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 StockF1,F2 | Apr 7, 2015 | A | 250,000 | $0.00 | A | 385,480 | D | |
| Common Stock | holding | — | — | — | 230,260 | I | By Grantor Retained Annuity Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are subject to a vesting restriction, with 50,000 shares vesting on each of of the next five anniversaries of the grant date, provided that Mr. Abramson remains an employee of the Company at such time. The shares may not be sold or otherwise disposed of by Mr. Abramson until one year after the applicable vesting date.
- F2Includes 239 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on March 31, 2015.