McCormick Patrick C 4

4 · UNIVEST FINANCIAL Corp · Filed Mar 19, 2024

Form 4

Period: 2024-03-15

SEVP & Chief Comm Bank Officer

Transactions

Exercise/Conversion
Common
2024-03-15+3,000→ 6,118.761 total
Exercise/Conversion
Common
2024-03-15+489→ 6,607.761 total
Tax Payment
Common
2024-03-15$19.56/sh−1,132$22,142→ 5,475.761 total
Exercise/Conversion
Restricted Stock Units
2024-03-15−3,000→ 3,000 total
From: 2023-03-15Exp: 2025-03-15→ Common (3,000 underlying)
Exercise/Conversion
Restricted Stock Units
2024-03-15−489→ 978 total
From: 2024-03-15Exp: 2026-03-15→ Common (489 underlying)
Award
Restricted Stock Units
2024-03-15+2,148→ 2,148 total
From: 2025-03-15Exp: 2027-03-15→ Common (2,148 underlying)
Award
Performance Restricted Stock Units
2024-03-15+5,010→ 5,010 total
From: 2027-03-15Exp: 2027-03-15→ Common (5,010 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 1,077.7608 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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