UNIVERSAL DISPLAY CORP \PA\ - 5 filing on 2023-02-13

FORM 5

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

ANNUAL 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).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

ROSENBLATT SIDNEY D

(Last)

(First)

(Middle)

C/O UNIVERSAL DISPLAY CORPORATION

250 PHILLIPS BLVD.

(Street)

EWING

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
	Officer (give title below)	Other (specify below)

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2022

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 at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/06/2022		G	37,922⁽¹⁾	A	$0.00	144,311⁽²⁾	D
Common Stock	10/06/2022		G	6,063⁽³⁾	A	$0.00	150,374	D
Common Stock	11/15/2022		G	2,800	D	$0.00	147,574	D
Common Stock	12/13/2022		G	9,253	D	$0.00	138,321	D
Common Stock	02/07/2023		G	2,573⁽⁴⁾	A	$0.00	140,894	D
Common Stock	09/06/2022		G	37,922⁽¹⁾	D	$0.00	54,353	I	By Grantor Retained Annuity Trust
Common Stock	09/06/2022		G	2,688⁽⁵⁾	D	$0.00	51,665	I	By Grantor Retained Annuity Trust
Common Stock	10/06/2022		G	6,063⁽³⁾	D	$0.00	45,602	I	By Grantor Retained Annuity Trust
Common Stock	02/07/2023		G	2,573⁽⁴⁾	D	$0.00	43,029	I	By Grantor Retained Annuity Trust
Common Stock	02/07/2023		G	1,578⁽⁶⁾	D	$0.00	41,451	I	By Grantor Retained Annuity Trust
Common Stock							13,000⁽⁷⁾	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)
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)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Reflects transfers from grantor retained annuity trusts to the Reporting Person on September 6, 2022.

2. Includes 29 shares and 25 shares acquired under the Universal Display Corporation Employee Stock Purchase Plan on September 30, 2022 and December 31, 2022, respectively.

3. Reflects transfer from a grantor retained annuity trust to the Reporting Person on October 6, 2022.

4. Reflects transfers from grantor retained annuity trusts to the Reporting Person on February 7, 2023.

5. Reflects transfers from a grantor retained annuity trust on September 6, 2022 to family trusts in which the Reporting Person is neither a trustee nor a beneficiary.

6. Reflects transfers from a grantor retained annuity trust on February 7, 2023 to family trusts in which the Reporting Person is neither a trustee nor a beneficiary.

7. These shares are held by the Reporting Person's spouse and are being reported as beneficially owned by him.

Remarks:

	/s/ Sidney D. Rosenblatt (by Mauro Premutico as power of attorney)	02/13/2023
	** 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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