FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SELIGSOHN SHERWIN I
2. Issuer Name and Ticker or Trading Symbol

UNIVERSAL DISPLAY CORP PA [ OLED ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chairman of Board and Founder
(Last)          (First)          (Middle)

C/O UNIVERSAL DISPLAY CORPORATION, 375 PHILLIPS BLVD.
3. Date of Earliest Transaction (MM/DD/YYYY)

3/2/2021
(Street)

EWING, NJ 08618
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 3/2/2021  A  1017 (1)A$0.00 92069 D  
Common Stock 3/5/2021  F  108 (2)D$189.08 91961 D  
Common Stock 3/6/2021  F  131 (3)D$189.08 91830 D  
Common Stock 3/6/2021  A  360 (4)A$0.00 92190 D  
Common Stock 3/6/2021  F  113 (5)D$189.08 92077 D  
Common Stock 3/6/2021  F  128 (6)D$189.08 91949 D  
Common Stock         21000 (7)I By Trust 
Common Stock         136000 (8)I By Corp. 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) These units were granted to Mr. Seligsohn under the Company's Long Term Incentive Plan as part of his 2021 compensation and are subject to a time-based restriction, with one-third of the total unit amount vesting on each of March 2, 2022, 2023, and 2024.
(2) These shares were withheld to satisfy a tax liability in connection with the vesting on March 5, 2021 of 402 shares of restricted stock previously granted to Mr. Seligsohn.
(3) These shares were withheld to satisfy a tax liability in connection with the vesting on March 6, 2021 of 480 shares of restricted stock previously granted to Mr. Seligsohn.
(4) These shares were granted to Mr. Seligsohn as performance units under the Company's Long Term Incentive Plan as part of his 2018 compensation and vested on March 6, 2021 subject to the satisfaction of certain performance conditions, which our Human Capital Committee certified on February 16, 2021 as having occurred.
(5) These shares were withheld to satisfy a tax liability in connection with the vesting on March 6, 2021 of 360 shares of restricted stock previously granted to Mr. Seligsohn.
(6) These shares were withheld to satisfy a tax liability in connection with the vesting on March 6, 2021 of 467 shares of restricted stock previously granted to Mr. Seligsohn.
(7) The Seligsohn Foundation, of which Mr. Seligsohn is the sole trustee.
(8) American Biomimetics Corporation, of which Mr. Seligsohn is a Director and Chairman, President and Secretary.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SELIGSOHN SHERWIN I
C/O UNIVERSAL DISPLAY CORPORATION
375 PHILLIPS BLVD.
EWING, NJ 08618
X
Chairman of Board and Founder

Signatures
/s/ Sherwin I. Seligsohn (by Mauro Premutico as power of attorney)3/9/2021
**Signature of Reporting PersonDate

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