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

Role: Sr EVP & CFO
Signature: Megan D. Santana
Issuer symbol: UVSP
Transactions as of: 15 Mar 2022
Transactions value $: -$20,537
Form type: 4
Date filed: 17 Mar 2022, 16:01
Previous filing: 28 Jan 2022
Next filing: 26 Jan 2023
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	+179	+3.18%	$0.00	5.81K	15 Mar 2022	Direct	F1, F2
transaction	UVSP	Common	Options Exercise	$0	+649	+11.16%	$0.00	6.46K	15 Mar 2022	Direct	F1, F2
transaction	UVSP	Common	Options Exercise	$0	+444	+6.87%	$0.00	6.91K	15 Mar 2022	Direct	F1, F2
transaction	UVSP	Common	Options Exercise	$0	+1.25K	+18.07%	$0.00	8.16K	15 Mar 2022	Direct	F2, F3
transaction	UVSP	Common	Other	$0	-15	-0.18%	$0.00	8.14K	15 Mar 2022	Direct	F2, F4
transaction	UVSP	Common	Tax liability	-$20.5K	-728	-8.94%	$28.21	7.41K	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	-179	-100%	$0.00^*	0	15 Mar 2022	Common	179		Direct	F1
transaction	UVSP	Restricted Stock Units	Options Exercise	$0	-649	-50%	$0.00	649	15 Mar 2022	Common	649		Direct	F1, F5
transaction	UVSP	Restricted Stock Units	Options Exercise	$0	-444	-33.33%	$0.00	888	15 Mar 2022	Common	444		Direct	F1, F5
transaction	UVSP	Performance Restricted Stock Units	Options Exercise	$0	-1.25K	-100%	$0.00^*	0	15 Mar 2022	Common	1.25K		Direct	F3
transaction	UVSP	Restricted Stock Units	Award	$0	+1.96K		$0.00	1.96K	15 Mar 2022	Common	1.96K		Direct	F5, F6
transaction	UVSP	Performance Restricted Stock Units	Award	$0	+4.58K		$0.00	4.58K	15 Mar 2022	Common	4.58K		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 157.2589 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT 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.
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.