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4//SEC Filing

Richardson Brian J 4

Accession 0001779743-24-000006

CIK 0000102212other

View on SEC.gov Company Profile

Filed

Mar 18, 8:00 PM ET

Accepted

Mar 19, 3:13 PM ET

Size

25.6 KB

Accession

0001779743-24-000006

Insider Transaction Report

Form 4

Period: 2024-03-15

UNIVEST FINANCIAL CorpUVSP

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 total
From: 2024-03-15Exp: 2026-03-15→ Common (778 underlying)
Award
Restricted Stock Units
2024-03-15+3,060→ 3,060 total
From: 2025-03-15Exp: 2027-03-15→ Common (3,060 underlying)
Exercise/Conversion
Performance Restricted Stock Units
2024-03-15−3,102→ 0 total
From: 2024-03-15Exp: 2024-03-15→ Common (3,102 underlying)
Exercise/Conversion
Restricted Stock Units
2024-03-15−654→ 654 total
From: 2023-03-15Exp: 2025-03-15→ Common (654 underlying)
Exercise/Conversion
Restricted Stock Units
2024-03-15−444→ 0 total
From: 2022-03-15Exp: 2024-03-15→ Common (444 underlying)
Award
Performance Restricted Stock Units
2024-03-15+7,134→ 7,134 total
From: 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.

Documents

1 file

4
wk-form4_1710875572.xmlPrimary
FORM 4

Issuer

UNIVEST FINANCIAL Corp

CIK 0000102212

Entity typeother

Related Parties

1

filerCIK 0001779743

Filing Metadata

Form type: 4
Filed: Mar 18, 8:00 PM ET
Accepted: Mar 19, 3:13 PM ET
Size: 25.6 KB

View on SEC.gov