SEC Form 4 · accession 0001005284-15-000072
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
May 8, 2015
Accepted (ET)
May 12, 2015 · 4:17 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 | May 8, 2015 | M | 16,322 | $10.51 | A | 401,802 | D | |
| Common StockF1,F2 | May 8, 2015 | S | 32,639 | $51.00 | D | 369,163 | D | |
| Common Stock | May 11, 2015 | M | 6,678 | $10.51 | A | 375,841 | D | |
| Common StockF1,F3 | May 11, 2015 | S | 10,673 | $49.49 | D | 365,168 | D | |
| Common Stock | holding | — | — | — | 230,260 | I | By Grantor Retained Annuity Trust |
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 | May 8, 2015 | M | 16,322 | D | Dec 30, 2005 | Dec 30, 2015 | Common Stock | 16,322 | 0 | D |
| Employee Stock Option (right to buy) | $10.51 | May 11, 2015 | M | 6,678 | D | Dec 30, 2005 | Dec 30, 2015 | Common Stock | 6,678 | 0 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1Non-Discretionary Trading Plan previously entered into by Mr. Abramson.
- F2Represents the weighted average of a range of sale prices per share from $51.00 to $51.04. The reporting person undertakes to provide to the Staff of the Securities and Exchange Commission, the Company or any shareholder of the Company, upon request, full information regarding the number of shares sold at each separate price.
- F3Represents the weighted average of a range of sale prices per share from $49.06 to $49.87. The reporting person undertakes to provide to the Staff of the Securities and Exchange Commission, the Company or any shareholder of the Company, upon request, full information regarding the number of shares sold at each separate price.