Is this compatible with a MacBook Pro late 2011, which has the "original" Thunderbolt 1 port?

I plan to buy the new MBP later this year, but I'd like to use this display in the meantime with my old MBP with a thunderbolt 1 port. Will it work (albeit in lower res)? Will it tax my graphics card (heat it up?)

LG UltraFine 5K Display

LG UltraFine 5K Display

Product No Longer Available

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