4//SEC Filing
BROBST DUANE J 4
Accession 0001454969-20-000006
CIK 0000102212other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 2:01 PM ET
Size
13.5 KB
Accession
0001454969-20-000006
Insider Transaction Report
Form 4
BROBST DUANE J
Executive VP
Transactions
- Exercise/Conversion
Common
2020-03-15+350→ 38,917.908 total - Exercise/Conversion
Restricted Stock Units
2020-03-15−350→ 700 totalFrom: 2020-03-15Exp: 2022-03-15→ Common (350 underlying) - Award
Performance Restricted Stock Units
2020-03-15+3,611→ 3,611 totalFrom: 2023-03-15Exp: 2023-03-15→ Common (3,611 underlying) - Tax Payment
Common
2020-03-15$18.08/sh−98$1,772→ 38,819.908 total - Award
Restricted Stock Units
2020-03-15+1,548→ 1,548 totalFrom: 2021-03-15Exp: 2023-03-15→ Common (1,548 underlying)
Footnotes (5)
- [F1]REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF RESTRICTED STOCK UNITS.
- [F2]INCLUDES 9,135.9084 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN AND EMPLOYEE STOCK PURCHASE PLAN.
- [F3]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.
- [F4]EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF COMMON STOCK UPON VESTING OF THE UNIT.
- [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.
Documents
Issuer
UNIVEST FINANCIAL Corp
CIK 0000102212
Entity typeother
IncorporatedPA
Related Parties
1- filerCIK 0001454969
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 2:01 PM ET
- Size
- 13.5 KB