SEC Form 4 · accession 0001005284-16-000164
UNIVERSAL DISPLAY CORP \PA\ · OLED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sherwin I Seligsohn
Officer — Chairman of Board and Founder · Director
Period of report
Mar 8, 2016
Accepted (ET)
Mar 9, 2016 · 5:31 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 8, 2016 | F | 844 | $51.39 | D | 261,152 | D | |
| Common StockF2 | holding | — | — | — | 21,000 | I | By Trust | |
| Common StockF3 | holding | — | — | — | 136,000 | I | By Corp. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were withheld to satisfy a tax liability in connection with the vesting on March 8, 2016 of 2,777 shares of restricted stock previously granted to Mr. Seligsohn.
- F2The Seligsohn Foundation, of which Mr. Seligsohn is the sole trustee.
- F3American Biomimetics Corporation, of which Mr. Seligsohn is the sole Director, Chairman, President and Secretary.