BROBST DUANE J 4
4 · UNIVEST FINANCIAL Corp · Filed Feb 19, 2020
Insider Transaction Report
Form 4
BROBST DUANE J
Executive VP
Transactions
- Disposition to Issuer
Common
2020-02-15−546→ 39,110.908 total - Tax Payment
Common
2020-02-15$25.70/sh−543$13,955→ 38,567.908 total
Footnotes (5)
- [F1]RESTRICTED SHARES CANCELLED.
- [F2]INCLUDES 9,135.9084 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN AND EMPLOYEE STOCK PURCHASE PLAN.
- [F3]INCLUDES 3,761 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 STOCK UNITS.
- [F4]SHARES USED TO PAY TAXES.
- [F5]INCLUDES 2,166 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 STOCK UNITS.