SEC Form 4 · accession 0001005284-16-000139
UNIVERSAL DISPLAY CORP \PA\ · OLED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mauro Premutico
Officer — VP, Legal & GM, Licensing
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 7:49 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 | Mar 1, 2016 | A | 2,331 | $0.00 | A | 124,334 | D | |
| Common StockF2 | Mar 3, 2016 | F | 1,152 | $49.09 | D | 123,182 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These units were granted to Mr. Premutico under the Company's Long Term Incentive Plan as part of his 2016 compensation and are subject to a time-based vesting restriction, with one-third of the total unit amount vesting on each of March 1, 2017, 2018, and 2019.
- F2These shares were withheld to satisfy a tax liability in connection with the vesting on March 3, 2016 of 2,066 shares of restricted stock previously granted to Mr. Premutico.