SEC Form 4 · accession 0001005284-15-000112
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
Nov 19, 2015
Accepted (ET)
Nov 20, 2015 · 4:18 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 | Apr 28, 2015 | G | 115 | $0.00 | D | 476,682 | D | |
| Common Stock | May 1, 2015 | G | 250 | $0.00 | D | 476,432 | D | |
| Common Stock | Jun 25, 2015 | G | 1,000 | $0.00 | D | 475,432 | D | |
| Common Stock | Jun 29, 2015 | G | 21 | $0.00 | D | 475,411 | D | |
| Common Stock | Sep 9, 2015 | G | 140 | $0.00 | D | 475,271 | D | |
| Common Stock | Sep 24, 2015 | G | 900 | $0.00 | D | 474,371 | D | |
| Common Stock | Sep 28, 2015 | G | 2,577 | $0.00 | D | 471,794 | D | |
| Common Stock | Oct 15, 2015 | G | 650 | $0.00 | D | 471,144 | D | |
| Common Stock | Nov 19, 2015 | M | 25,000 | $10.51 | A | 496,144 | D | |
| Common StockF2,F3 | Nov 19, 2015 | S | 25,000 | $45.022 | D | 471,144 | D | |
| Common Stock | 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
| 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 | Nov 19, 2015 | M | 25,000 | D | Dec 30, 2005 | Dec 30, 2015 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1Includes 35 shares and 59 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on June 30 and September 30, 2014, respectively.
- F2These shares were sold pursuant to a Rule 10b5-1Non-Discretionary Trading Plan previously entered into by Mr. Rosenblatt.
- F3Represents the weighted average of a range of sale prices per share from $45.00 to $45.10. 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.
- 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.