UNIVERSAL DISPLAY CORP

Ticker: OLED CUSIP: 91347P105 Class: Common Stock

SANDLER CAPITAL MANAGEMENT's Holding History (CIK: 0001000742)

Note: Option positions (PUT/CALL) are excluded.

Q4 2019

Shares 17,451 Value ($000) $3,596 Avg Close $179.87 Range $150.40 - $208.09

Q4 2017

Shares 14,730 Value ($000) $2,543 Avg Close $151.14 Range $118.83 - $182.72

Q3 2017

Shares 34,790 Value ($000) $4,483 Avg Close $114.67 Range $101.50 - $137.74

Q1 2017

Shares 36,510 Value ($000) $3,144 Avg Close $68.17 Range $53.18 - $85.23

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	17,451	$3,596	$179.87	$150.40 - $208.09
Q4 2017	14,730	$2,543	$151.14	$118.83 - $182.72
Q3 2017	34,790	$4,483	$114.67	$101.50 - $137.74
Q1 2017	36,510	$3,144	$68.17	$53.18 - $85.23