Duane J. Brobst - 15 Mar 2022 Form 4 Insider Report for UNIVEST FINANCIAL Corp (UVSP)

Role: Sr EVP & Chief Credit Officer
Signature: Megan D. Santana
Issuer symbol: UVSP
Transactions as of: 15 Mar 2022
Net transactions value: -$29,395
Form type: 4
Filing time: 17 Mar 2022, 15:52:27 UTC
Previous filing: 15 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UVSP	Common	Options Exercise	$0	+350	+0.68%	$0.000000	51,627	15 Mar 2022	Direct	F1, F2
transaction	UVSP	Common	Options Exercise	$0	+516	+1%	$0.000000	52,143	15 Mar 2022	Direct	F1, F2
transaction	UVSP	Common	Options Exercise	$0	+329	+0.63%	$0.000000	52,472	15 Mar 2022	Direct	F1, F2
transaction	UVSP	Common	Options Exercise	$0	+2,450	+4.7%	$0.000000	54,922	15 Mar 2022	Direct	F2, F3
transaction	UVSP	Common	Other	$0	-29	-0.05%	$0.000000	54,893	15 Mar 2022	Direct	F2, F4
transaction	UVSP	Common	Tax liability	$29,395	-1,042	-1.9%	$28.21	53,851	15 Mar 2022	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	-350	-100%	$0.000000^*	0	15 Mar 2022	Common	350		Direct	F1
transaction	UVSP	Restricted Stock Units	Options Exercise	$0	-516	-50%	$0.000000	516	15 Mar 2022	Common	516		Direct	F1, F5
transaction	UVSP	Restricted Stock Units	Options Exercise	$0	-329	-33%	$0.000000	658	15 Mar 2022	Common	329		Direct	F1, F5
transaction	UVSP	Performance Restricted Stock Units	Options Exercise	$0	-2,450	-100%	$0.000000^*	0	15 Mar 2022	Common	2,450		Direct	F3

* 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 9,627.6605 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	VESTED SHARES CANCELLED 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.