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

Role
Sr EVP & CFO
Signature
Megan D. Santana
Stock symbol
UVSP
Transactions as of
Mar 15, 2022
Transactions value $
-$20,537
Form type
4
Date filed
3/17/2022, 04:01 PM
Previous filing
Jan 28, 2022
Next filing
Jan 26, 2023

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 Mar 15, 2022 Direct F1, F2
transaction UVSP Common Options Exercise $0 +649 +11.16% $0.00 6.46K Mar 15, 2022 Direct F1, F2
transaction UVSP Common Options Exercise $0 +444 +6.87% $0.00 6.91K Mar 15, 2022 Direct F1, F2
transaction UVSP Common Options Exercise $0 +1.25K +18.07% $0.00 8.16K Mar 15, 2022 Direct F2, F3
transaction UVSP Common Other $0 -15 -0.18% $0.00 8.14K Mar 15, 2022 Direct F2, F4
transaction UVSP Common Tax liability -$20.5K -728 -8.94% $28.21 7.41K Mar 15, 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 Mar 15, 2022 Common 179 Direct F1
transaction UVSP Restricted Stock Units Options Exercise $0 -649 -50% $0.00 649 Mar 15, 2022 Common 649 Direct F1, F5
transaction UVSP Restricted Stock Units Options Exercise $0 -444 -33.33% $0.00 888 Mar 15, 2022 Common 444 Direct F1, F5
transaction UVSP Performance Restricted Stock Units Options Exercise $0 -1.25K -100% $0.00* 0 Mar 15, 2022 Common 1.25K Direct F3
transaction UVSP Restricted Stock Units Award $0 +1.96K $0.00 1.96K Mar 15, 2022 Common 1.96K Direct F5, F6
transaction UVSP Performance Restricted Stock Units Award $0 +4.58K $0.00 4.58K Mar 15, 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.