SEC Form 4 · accession 0001005284-17-000142
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
Nov 8, 2017
Accepted (ET)
Nov 9, 2017 · 4:32 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,F3 | Nov 8, 2017 | S | 15,006 | $167.5025 | D | 277,425 | D | |
| Common StockF1,F4 | Nov 8, 2017 | S | 3,689 | $168.3062 | D | 273,736 | D | |
| Common StockF1,F5 | Nov 8, 2017 | S | 1,305 | $169.4705 | D | 272,431 | D | |
| Common StockF6,F2,F7 | Nov 8, 2017 | S | 25,245 | $167.6495 | D | 55,351 | I | By Family Limited Partnership |
| Common StockF6,F4 | Nov 8, 2017 | S | 3,691 | $168.3061 | D | 51,660 | I | By Family Limited Partnership |
| Common StockF6,F5 | Nov 8, 2017 | S | 1,304 | $169.4703 | D | 50,356 | I | By Family Limited Partnership |
| Common Stock | holding | — | — | — | 66,614 | I | By Grantor Retained Annuity Trust | |
| Common StockF8 | holding | — | — | — | 23,000 | I | By Spouse |
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. Rosenblatt.
- F2Represents the weighted average of a range of sale prices from $167.00 to $168.00. The reporting person undertakes to provide to the Staff of 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.
- F3Includes 17 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on September 30, 2017.
- F4Represents the weighted average of a range of sale prices from $168.025 to $169.00. The reporting person undertakes to provide to the Staff of 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.
- F5Represents the weighted average of a range of sale prices from $169.05 to $169.825. The reporting person undertakes to provide to the Staff of 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.
- F6These shares were sold pursuant to a Rule 10b5-1 Non-Discretionary Trading Plan previously entered into by the Rosenblatt Family Limited Partnership.
- F7These shares are held by the Rosenblatt Family Limited Partnership, a limited partnership of which Mr. Rosenblatt 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.