Brian J. Richardson - Dec 31, 2022 Form 5 Insider Report for UNIVEST FINANCIAL Corp (UVSP)

Signature
Megan D. Santana
Stock symbol
UVSP
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
1/26/2023, 09:29 AM
Previous filing
Mar 17, 2022
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UVSP Common 7.5K Dec 31, 2022 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) 1.5K Dec 31, 2022 Common 1.5K $28.15 Direct F2
holding UVSP Stock Options (Right to Buy) 2.09K Dec 31, 2022 Common 2.09K $28.50 Direct F2
holding UVSP Restricted Stock Units 649 Dec 31, 2022 Common 649 Direct F3, F4
holding UVSP Restricted Stock Units 888 Dec 31, 2022 Common 888 Direct F3, F4
holding UVSP Restricted Stock Units 1.96K Dec 31, 2022 Common 1.96K Direct F3, F4
holding UVSP Performance Restricted Stock Units 4.54K Dec 31, 2022 Common 4.54K Direct F3, F5
holding UVSP Performance Restricted Stock Units 3.1K Dec 31, 2022 Common 3.1K Direct F3, F5
holding UVSP Performance Restricted Stock Units 4.58K Dec 31, 2022 Common 4.58K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 INCLUDES 248.1257 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT 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.