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)
05/22/2017
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 05/22/2017 G 450 D $0 361,496 D
Common Stock 06/28/2017 G 45 D $0 361,451 D
Common Stock 07/19/2017 G 55,280(1) D $0 312,935(2) D
Common Stock 07/19/2017 G 24,930(3) D $0 66,614(4) I By Grantor Retained Annuity Trust(5)
Common Stock 0(6) I By Individuals
Common Stock 110,836(7) I By Family Limited Partnership
Common Stock 23,000(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. Transferred 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.
2. Includes 6,764 shares distributed to Mr. Rosenblatt on July 19, 2017 from Grantor Retained Annuity Trusts of which Mr. Rosenblatt is trustee and beneficiary.
3. These shares were distributed from The Sidney Rosenblatt June 2014 Annuity Trust to family trusts in which Mr. Rosenblatt is neither trustee nor beneficiary.
4. Includes 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.
5. These 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.
6. Mr. 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.
7. These 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.
8. These shares are held by Mr. Rosenblatt's spouse and are being reported as beneficially owned by him.
Remarks:
/s/ Sidney. D. Rosenblatt 07/21/2017
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.