SEC Form 4 · accession 0001005284-18-000060
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 27, 2018
Accepted (ET)
Mar 28, 2018 · 4:31 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 StockF1 | Mar 27, 2018 | A | 7,448 | $0.00 | A | 269,665 | D | |
| Common StockF2 | Mar 27, 2018 | F | 3,159 | $105.30 | D | 266,506 | D | |
| Common Stock | holding | — | — | — | 72,614 | I | By Grantor Retained Annuity Trust | |
| Common StockF3 | holding | — | — | — | 23,000 | I | By Spouse | |
| Common StockF4 | holding | — | — | — | 50,356 | I | By Family Limited Partnership |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were granted to Mr. Rosenblatt as performance units under the Company's Long Term Incentive Plan as part of his 2015 compensation and vested subject to the satisfaction of certain performance conditions, which our Compensation Committee certified on March 27, 2018 as having occurred.
- F2These shares were withheld to satisfy a tax liability in connection with the vesting on March 27, 2018 of 7,448 shares of restricted stock previously granted to Mr. Rosenblatt.
- F3These shares are held by Mr. Rosenblatt's spouse and are being reported as beneficially owned by him.
- F4These 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.