Universal Display Corporation's EVP and CFO just disposed of 20,210 shares


Sidney D Rosenblatt, Universal Display Corporation's EVP and CFO and a director of the company, recently disposed of 20,210 shares of the company. The disposals took place at $34.49 per share, on March 18, 2014. Rosenblatt still owns 366,938 shares of the company. Rosenblatt operates out of Ewing, NJ. Some additional info was provided as follows:

These shares were withheld to satisfy a tax liability in connection with the vesting on March 18, 2014 of 50,000 shares of restricted stock previously granted to Mr. Rosenblatt. These shares are held by Mr. Rosenblatt's children and are being reported as beneficially owned by him. 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 c hildren are the sole limited partners.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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