SEC Form 4 · accession 0001005284-15-000076
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
May 20, 2015
Accepted (ET)
May 21, 2015 · 4:29 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 20, 2015 | M | 25,000 | $10.51 | A | 501,703 | D | |
| Common StockF1,F2 | May 20, 2015 | S | 25,000 | $52.04 | D | 476,703 | D | |
| Common Stock | holding | — | — | — | 43,028 | I | By Grantor Retained Annuity Trust | |
| Common StockF3 | holding | — | — | — | 3,250 | I | By Individuals | |
| Common StockF4 | holding | — | — | — | 110,836 | I | By Family Limited Partnership |
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 20, 2015 | M | 25,000 | D | Dec 30, 2005 | Dec 30, 2015 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1Non-Discretionary Trading Plan previously entered into by Mr. Rosenblatt.
- F2Represents the weighted average of a range of sale prices per share from $52.00 to $52.10. 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.
- F3These shares are held by Mr. Rosenblatt's children and are being reported as beneficially owned by him.
- F4These 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.