Richardson Brian J 4
4 · UNIVEST FINANCIAL Corp · Filed Mar 19, 2024
Insider Transaction Report
Form 4
Richardson Brian J
Sr EVP & CFO
Transactions
- Exercise/Conversion
Common
2024-03-15+444→ 12,829.435 total - Exercise/Conversion
Common
2024-03-15+654→ 13,483.435 total - Exercise/Conversion
Common
2024-03-15+778→ 14,261.435 total - Exercise/Conversion
Common
2024-03-15+3,102→ 17,363.435 total - Other
Common
2024-03-15+634→ 17,997.435 total - Tax Payment
Common
2024-03-15$19.56/sh−1,624$31,765→ 16,373.435 total - Exercise/Conversion
Restricted Stock Units
2024-03-15−778→ 1,556 totalFrom: 2024-03-15Exp: 2026-03-15→ Common (778 underlying) - Award
Restricted Stock Units
2024-03-15+3,060→ 3,060 totalFrom: 2025-03-15Exp: 2027-03-15→ Common (3,060 underlying) - Exercise/Conversion
Performance Restricted Stock Units
2024-03-15−3,102→ 0 totalFrom: 2024-03-15Exp: 2024-03-15→ Common (3,102 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-15−654→ 654 totalFrom: 2023-03-15Exp: 2025-03-15→ Common (654 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-15−444→ 0 totalFrom: 2022-03-15Exp: 2024-03-15→ Common (444 underlying) - Award
Performance Restricted Stock Units
2024-03-15+7,134→ 7,134 totalFrom: 2027-03-15Exp: 2027-03-15→ Common (7,134 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 636.4353 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT 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.