BROBST DUANE J 4

4 · UNIVEST FINANCIAL Corp · Filed Mar 17, 2020

Form 4

Period: 2020-03-15

Executive VP

Transactions

Exercise/Conversion
Common
2020-03-15+350→ 38,917.908 total
Exercise/Conversion
Restricted Stock Units
2020-03-15−350→ 700 total
From: 2020-03-15Exp: 2022-03-15→ Common (350 underlying)
Award
Performance Restricted Stock Units
2020-03-15+3,611→ 3,611 total
From: 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 total
From: 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.

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