Megan D. Santana - 31 Dec 2023 Form 5 Insider Report for UNIVEST FINANCIAL Corp (UVSP)

Role
Sr EVP & Chief Risk Officer, General Counsel
Signature
Megan D. Santana
Issuer symbol
UVSP
Transactions as of
31 Dec 2023
Net transactions value
$0
Form type
5
Filing time
01 Feb 2024, 10:17:29 UTC
Previous filing
17 Mar 2023
Next filing
19 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UVSP Common 21,041 31 Dec 2023 Direct F1

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
holding UVSP Stock Options (Right to Buy) 2,522 31 Dec 2023 Common 2,522 $28.15 Direct F2
holding UVSP Stock Options (Right to Buy) 2,787 31 Dec 2023 Common 2,787 $28.50 Direct F2
holding UVSP Restricted Stock Units 407 31 Dec 2023 Common 407 Direct F3, F4
holding UVSP Restricted Stock Units 1,118 31 Dec 2023 Common 1,118 Direct F3, F4
holding UVSP Restricted Stock Units 1,983 31 Dec 2023 Common 1,983 Direct F3, F4
holding UVSP Performance Restricted Stock Units 2,844 31 Dec 2023 Common 2,844 Direct F3, F5
holding UVSP Performance Restricted Stock Units 3,908 31 Dec 2023 Common 3,908 Direct F3, F5
holding UVSP Performance Restricted Stock Units 4,620 31 Dec 2023 Common 4,620 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 INCLUDES 9333.5988 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN AND EMPLOYEE STOCK PURCHASE PLAN.
F2 AT THE GRANT DATE, STOCK OPTIONS WERE EXERCISABLE AT 33.3% PER YEAR FOR THREE YEARS COMMENCING WITH THE EXERCISABLE DATE INDICATED.
F3 EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF COMMON STOCK UPON VESTING OF THE UNIT.
F4 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.
F5 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.