SEC Form 4 · accession 0001005284-16-000149
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
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 8:44 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 | 6,533 | $0.00 | A | 474,903 | D | |
| Common StockF2 | Mar 3, 2016 | F | 2,605 | $49.09 | D | 472,298 | 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
No Table II lines on this filing.
Explanation of responses
- F1These units were granted to Mr. Rosenblatt 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 5,790 shares of restricted stock previously granted to Mr. Rosenblatt.
- 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.