Jeffrey M. Schweitzer - Mar 15, 2023 Form 4/A - Amendment Insider Report for UNIVEST FINANCIAL Corp (UVSP)

Role
President & CEO, Director
Signature
Megan D. Santana
Stock symbol
UVSP
Transactions as of
Mar 15, 2023
Transactions value $
-$177,892
Form type
4/A - Amendment
Date filed
3/29/2023, 03:05 PM
Date Of Original Report
Mar 17, 2023
Previous filing
Jan 26, 2023
Next filing
Nov 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UVSP Common Options Exercise $0 +2.02K +3.16% $0.00 66K Mar 15, 2023 Direct F1, F2
transaction UVSP Common Options Exercise $0 +1.48K +2.24% $0.00 67.5K Mar 15, 2023 Direct F1, F2
transaction UVSP Common Options Exercise $0 +1.65K +2.44% $0.00 69.1K Mar 15, 2023 Direct F1, F2
transaction UVSP Common Options Exercise $0 +14.2K +20.49% $0.00 83.3K Mar 15, 2023 Direct F2, F3
transaction UVSP Common Other $0 +142 +0.17% $0.00 83.4K Mar 15, 2023 Direct F2, F4
transaction UVSP Common Tax liability -$178K -7.15K -8.57% $24.88 76.3K Mar 15, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UVSP Restricted Stock Units Options Exercise $0 -2.02K -100% $0.00* 0 Mar 15, 2023 Common 2.02K Direct F1
transaction UVSP Restricted Stock Units Options Exercise $0 -1.48K -50% $0.00 1.48K Mar 15, 2023 Common 1.48K Direct F1, F5
transaction UVSP Restricted Stock Units Options Exercise $0 -1.65K -33.33% $0.00 3.3K Mar 15, 2023 Common 1.65K Direct F1, F5
transaction UVSP Performance Restricted Stock Units Options Exercise $0 -14.2K -100% $0.00* 0 Mar 15, 2023 Common 14.2K Direct F3
transaction UVSP Restricted Stock Units Award $0 +6.32K $0.00 6.32K Mar 15, 2023 Common 6.32K Direct F5, F6
transaction UVSP Performance Restricted Stock Units Award $0 +14.7K $0.00 14.7K Mar 15, 2023 Common 14.7K Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF RESTRICTED STOCK UNITS.
F2 INCLUDES 18,572.3955 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN AND EMPLOYEE STOCK PURCHASE PLAN.
F3 REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF PERFORMANCE-BASED RESTRICTED STOCK UNITS.
F4 ADDITIONAL SHARES AWARDED DUE TO EVALUATION OF PERFORMANCE FACTORS AFTER MEASUREMENT PERIOD.
F5 RESTRICTED STOCK UNITS VEST AT 33.33% PER YEAR FOR THREE YEARS COMMENCING WITH THE EXERCISABLE DATE INDICATED ASSUMING CONTINUED EMPLOYMENT THROUGH THE VESTING DATE.
F6 EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF COMMON STOCK UPON VESTING OF THE UNIT.
F7 THE PERFORMANCE-BASED RESTRICTED STOCK UNITS VEST ON THE THIRD ANNIVERSARY OF THE DATE OF THE GRANT AT WHICH POINT THE ACTUAL NUMBER OF SHARES TO BE AWARDED WILL BE DETERMINED BASED ON THE PERFORMANCE OF THE COMPANY DURING THE THREE YEAR PERIOD. THE RECIPIENT MAY RECEIVE UP TO 150% OF THE REPORTED RESTRICTED STOCK UNITS.