Rosenblatt Sidney D Form 4 UNIVERSAL DISPLAY / SIDNEY D ROSENBLATT ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

ROSENBLATT SIDNEY D

(Last) (First) (Middle)

C/O UNIVERSAL DISPLAY CORPORATION

375 PHILLIPS BLVD.

(Street)

EWING NJ 08618

(City) (State) (Zip)

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)
EVP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
12/14/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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	10/22/2020		G	V	2,800	D	$0.00	147,932(1)	D
Common Stock	12/14/2020		S		10,233(2)	D	$232.08(3)	40,123(4)	I	By Family Limited Partnership
Common Stock	12/14/2020		S		27,193(2)	D	$233.13(5)	12,930(4)	I	By Family Limited Partnership
Common Stock	12/14/2020		S		11,856(2)	D	$233.96(6)	1,074(4)	I	By Family Limited Partnership
Common Stock	12/14/2020		S		1,074(2)	D	$234.8(7)	0(4)	I	By Family Limited Partnership
Common Stock								97,416	I	By Grantor Retained Annuity Trust
Common Stock								13,000(8)	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. 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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 15 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on September 30, 2020.

2. These shares were sold pursuant to a Rule 10b5-1 Non-Discretionary Trading Plan previously entered into by the Rosenblatt Family Limited Partnership.

3. Represents the weighted average of a range of sale prices from $231.50 to $232.50. 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.

4. These 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.

5. Represents the weighted average of a range of sale prices from $232.61 to $233.61. 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.

6. Represents the weighted average of a range of sale prices from $233.62 to $234.50. 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.

7. Represents the weighted average of a range of sale prices from $234.73 to $235.15. 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.

8. These shares are held by Mr. Rosenblatt's spouse and are being reported as beneficially owned by him.

Remarks:

	/s/ Sidney D. Rosenblatt (by Mauro Premutico as power of attorney)	12/16/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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