SEC Form 4 · accession 0001005284-17-000030
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
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 4:11 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,F2 | Feb 28, 2017 | S | 42,820 | $85.0327 | D | 207,082 | D | |
| Common StockF1,F3 | Feb 28, 2017 | S | 2,600 | $86.448 | D | 204,482 | D | |
| Common StockF1,F4 | Feb 28, 2017 | S | 500 | $87.37 | D | 203,982 | D | |
| Common StockF5 | holding | — | — | — | 21,000 | I | By Trust | |
| Common StockF6 | holding | — | — | — | 136,000 | I | By Corp. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 Non-Discretionary Trading Plan previously entered into by Mr. Seligsohn.
- F2Represents the weighted average of a range of sale prices from $85.00 to $86.00. 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.
- F3Represents the weighted average of a range of sale prices from $86.05 to $86.85. 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.
- F4Represents the weighted average of a range of sale prices from $87.20 to $87.50. 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.
- F5The Seligsohn Foundation, of which Mr. Seligsohn is the sole trustee.
- F6American Biomimetics Corporation, of which Mr. Seligsohn is the sole Director, Chairman, President and Secretary.