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4//SEC Filing

BROBST DUANE J 4

Accession 0001454969-19-000008

CIK 0000102212other

Filed

Mar 18, 8:00 PM ET

Accepted

Mar 19, 2:24 PM ET

Size

9.5 KB

Accession

0001454969-19-000008

Insider Transaction Report

Form 4
Period: 2019-03-15
BROBST DUANE J
Executive VP
Transactions
  • Award

    Performance Restricted Stock Units

    2019-03-15+2,4502,450 total
    From: 2022-03-15Exp: 2022-03-15Common (2,450 underlying)
  • Award

    Restricted Stock Units

    2019-03-15+1,0501,050 total
    From: 2020-03-15Exp: 2022-03-15Common (1,050 underlying)
Holdings
  • Common

    38,865.74
Footnotes (5)
  • [F1]INCLUDES 4,307 PERFORMANCE-BASED RESTRICTED SHARES SUBJECT TO VESTING 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 SHARES.
  • [F2]INCLUDES 8,344.7396 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN AND EMPLOYEE STOCK PURCHASE PLAN.
  • [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.

Issuer

UNIVEST FINANCIAL Corp

CIK 0000102212

Entity typeother
IncorporatedPA

Related Parties

1
  • filerCIK 0001454969

Filing Metadata

Form type
4
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 2:24 PM ET
Size
9.5 KB