BROBST DUANE J 4
4 · UNIVEST FINANCIAL Corp · Filed Mar 19, 2019
Insider Transaction Report
Form 4
BROBST DUANE J
Executive VP
Transactions
- Award
Performance Restricted Stock Units
2019-03-15+2,450→ 2,450 totalFrom: 2022-03-15Exp: 2022-03-15→ Common (2,450 underlying) - Award
Restricted Stock Units
2019-03-15+1,050→ 1,050 totalFrom: 2020-03-15Exp: 2022-03-15→ Common (1,050 underlying)
Holdings
- 38,865.74
Common
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.