SEC Form 4 · accession 0001005284-17-000120
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
May 22, 2017
Accepted (ET)
Jul 21, 2017 · 4:06 pm EDT
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 Stock | May 22, 2017 | G | 450 | $0.00 | D | 361,496 | D | |
| Common Stock | Jun 28, 2017 | G | 45 | $0.00 | D | 361,451 | D | |
| Common StockF1,F2 | Jul 19, 2017 | G | 55,280 | $0.00 | D | 312,935 | D | |
| Common StockF3,F4,F5 | Jul 19, 2017 | G | 24,930 | $0.00 | D | 66,614 | I | By Grantor Retained Annuity Trust |
| Common StockF6 | holding | — | — | — | 0 | I | By Individuals | |
| Common StockF7 | holding | — | — | — | 110,836 | I | By Family Limited Partnership | |
| Common StockF8 | holding | — | — | — | 23,000 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transferred to The Sidney Rosenblatt July 2017 Annuity Trust dated as of July 19, 2017, a Grantor Retained Annuity Trust of which Mr. Rosenblatt is trustee and beneficiary.
- F2Includes 6,764 shares distributed to Mr. Rosenblatt on July 19, 2017 from Grantor Retained Annuity Trusts of which Mr. Rosenblatt is trustee and beneficiary.
- F3These shares were distributed from The Sidney Rosenblatt June 2014 Annuity Trust to family trusts in which Mr. Rosenblatt is neither trustee nor beneficiary.
- F4Includes 55,280 shares transferred by Mr. Rosenblatt on July 19, 2017 to The Sidney Rosenblatt July 2017 Annuity Trust dated as of July 19, 2017.
- F5These shares are held by the following GRATs: The Sidney Rosenblatt June 2015 Annuity Trust dated as of June 18, 2015 (4,449 shares), The Sidney Rosenblatt June 2016 Annuity Trust dated as of June 20, 2016 (6,885 shares), and The Sidney Rosenblatt July 2017 Annuity Trust dated as of July 19, 2017 (55,280 shares). Mr. Rosenblatt is trustee and beneficiary of these Grantor Retained Annuity Trusts.
- F6Mr. Rosenblatt is no longer reporting 3,250 shares that are held by Mr. Rosenblatt's children as beneficially owned by him. Such children are independent adults and not part of Mr. Rosenblatt's household.
- F7These 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.
- F8These shares are held by Mr. Rosenblatt's spouse and are being reported as beneficially owned by him.