4//SEC Filing
McCormick Patrick C 4
Accession 0001920918-24-000004
CIK 0000102212other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 3:09 PM ET
Size
16.9 KB
Accession
0001920918-24-000004
Insider Transaction Report
Form 4
McCormick Patrick C
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 totalFrom: 2023-03-15Exp: 2025-03-15→ Common (3,000 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-15−489→ 978 totalFrom: 2024-03-15Exp: 2026-03-15→ Common (489 underlying) - Award
Restricted Stock Units
2024-03-15+2,148→ 2,148 totalFrom: 2025-03-15Exp: 2027-03-15→ Common (2,148 underlying) - Award
Performance Restricted Stock Units
2024-03-15+5,010→ 5,010 totalFrom: 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.
Documents
Issuer
UNIVEST FINANCIAL Corp
CIK 0000102212
Entity typeother
Related Parties
1- filerCIK 0001920918
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 3:09 PM ET
- Size
- 16.9 KB