Brian J. Richardson - 31 Dec 2023 Form 5 Insider Report for UNIVEST FINANCIAL Corp (UVSP)

Role
Sr EVP & CFO
Signature
Megan D. Santana
Issuer symbol
UVSP
Transactions as of
31 Dec 2023
Transactions value $
$0
Form type
5
Filing time
01 Feb 2024, 10:13:57 UTC
Previous filing
17 Mar 2023
Next filing
11 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 12.3K 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) 1.5K 31 Dec 2023 Common 1.5K $28.15 Direct F2
holding UVSP Stock Options (Right to Buy) 2.09K 31 Dec 2023 Common 2.09K $28.50 Direct F2
holding UVSP Restricted Stock Units 444 31 Dec 2023 Common 444 Direct F3, F4
holding UVSP Restricted Stock Units 1.31K 31 Dec 2023 Common 1.31K Direct F3, F4
holding UVSP Restricted Stock Units 2.33K 31 Dec 2023 Common 2.33K Direct F3, F4
holding UVSP Performance Restricted Stock Units 3.1K 31 Dec 2023 Common 3.1K Direct F3, F5
holding UVSP Performance Restricted Stock Units 4.58K 31 Dec 2023 Common 4.58K Direct F3, F5
holding UVSP Performance Restricted Stock Units 5.44K 31 Dec 2023 Common 5.44K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 INCLUDES 550.1234 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN.
F2 AT THE GRANT DATE, STOCK OPTIONS ARE 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.