Schweitzer Jeffrey M - May 9, 2024 Form 4 Insider Report for UNIVEST FINANCIAL Corp (UVSP)

Signature
Megan D. Santana
Stock symbol
UVSP
Transactions as of
May 9, 2024
Transactions value $
-$36,287
Form type
4
Date filed
5/13/2024, 08:57 AM
Previous filing
Mar 19, 2024
Next filing
Aug 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UVSP Common Options Exercise $103K +5.59K +6.2% $18.52 95.8K May 9, 2024 Direct F1
transaction UVSP Common Options Exercise $63.2K +3.41K +3.56% $18.52 99.2K May 9, 2024 Direct F1
transaction UVSP Common Sale -$203K -9K -9.07% $22.55 90.2K May 9, 2024 Direct F1, 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 Incentive Stock Options (Right to Buy) Options Exercise $0 -5.59K -100% $0.00* 0 May 9, 2024 Common 5.59K $18.52 Direct F3
transaction UVSP Non Qualified Stock Options (Right to Buy) Options Exercise $0 -3.41K -100% $0.00* 0 May 9, 2024 Common 3.41K $18.52 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 INCLUDES 10,090.1043 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN.
F2 THE PRICE REPORTED IN COLUMN 4 IS A WEIGHTED AVERAGE PRICE. THESE SHARES WERE SOLD IN MULTIPLE TRANSACTIONS AT PRICES RANGING FROM $22.50 TO $22.62, INCLUSIVE. THE REPORTING PERSON UNDERTAKES TO PROVIDE TO UNIVEST FINANCIAL CORPORATION, ANY SECURITY HOLDER OF UNIVEST FINANCIAL CORPORATION, OR THE STAFF OF THE SECURITIES AND EXCHANGE COMMISSION, UPON REQUEST, FULL INFORMATION REGARDING THE NUMBER OF SHARES SOLD AT EACH SEPARATE PRICE WITHIN THE RANGES SET FORTH IN THIS FOOTNOTE.
F3 AT THE GRANT DATE, STOCK OPTIONS ARE EXERCISABLE AT 33.3% PER YEAR FOR THREE YEARS COMMENCING WITH THE EXERCISABLE DATE INDICATED.