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4//SEC Filing

Santana Megan D 4

Accession 0001668308-24-000004

CIK 0000102212other

View on SEC.gov Company Profile

Filed

Mar 18, 8:00 PM ET

Accepted

Mar 19, 3:04 PM ET

Size

25.6 KB

Accession

0001668308-24-000004

Insider Transaction Report

Form 4

Period: 2024-03-15

UNIVEST FINANCIAL CorpUVSP

Santana Megan D

Sr EVP & Chief Risk OfficerOther

Transactions

Exercise/Conversion
Common
2024-03-15+559→ 21,820.768 total
Exercise/Conversion
Common
2024-03-15+407→ 22,888.768 total
Award
Restricted Stock Units
2024-03-15+2,589→ 2,589 total
From: 2025-03-15Exp: 2027-03-15→ Common (2,589 underlying)
Exercise/Conversion
Common
2024-03-15+661→ 22,481.768 total
Exercise/Conversion
Common
2024-03-15+2,844→ 25,732.768 total
Other
Common
2024-03-15+581→ 26,313.768 total
Tax Payment
Common
2024-03-15$19.56/sh−1,450$28,362→ 24,863.768 total
Exercise/Conversion
Restricted Stock Units
2024-03-15−407→ 0 total
From: 2022-03-15Exp: 2024-03-15→ Common (407 underlying)
Exercise/Conversion
Restricted Stock Units
2024-03-15−559→ 559 total
From: 2023-03-15Exp: 2025-03-15→ Common (559 underlying)
Exercise/Conversion
Restricted Stock Units
2024-03-15−661→ 1,322 total
From: 2024-03-15Exp: 2026-03-15→ Common (661 underlying)
Exercise/Conversion
Performance Restricted Stock Units
2024-03-15−2,844→ 0 total
From: 2024-03-15Exp: 2024-03-15→ Common (2,844 underlying)
Award
Performance Restricted Stock Units
2024-03-15+6,038→ 6,038 total
From: 2027-03-15Exp: 2027-03-15→ Common (6,038 underlying)

Footnotes (7)

[F1]REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF RESTRICTED STOCK UNITS.
[F2]INCLUDES 9,554.7681 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN AND EMPLOYEE STOCK PURCHASE PLAN.
[F3]REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF PERFORMANCE-BASED RESTRICTED STOCK UNITS.
[F4]ADDITIONAL SHARES AWARDED DUE TO EVALUATION OF PERFORMANCE FACTORS AFTER MEASUREMENT PERIOD.
[F5]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.
[F6]EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF COMMON STOCK UPON VESTING OF THE UNIT.
[F7]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

1 file

4
wk-form4_1710875053.xmlPrimary
FORM 4

Issuer

UNIVEST FINANCIAL Corp

CIK 0000102212

Entity typeother

Related Parties

1

filerCIK 0001668308

Filing Metadata

Form type: 4
Filed: Mar 18, 8:00 PM ET
Accepted: Mar 19, 3:04 PM ET
Size: 25.6 KB

View on SEC.gov