SCHWEITZER JEFFREY M - 15 Mar 2022 Form 4 Insider Report for UNIVEST FINANCIAL Corp (UVSP)

Role: President & CEO, Director
Signature: Megan D. Santana
Issuer symbol: UVSP
Transactions as of: 15 Mar 2022
Net transactions value: -$113,404
Form type: 4
Filing time: 17 Mar 2022, 16:07:13 UTC
Previous filing: 28 Jan 2022
Next filing: 26 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UVSP	Common	Options Exercise	$0	+1,221	+2.3%	$0.000000	54,754	15 Mar 2022	Direct	F1, F2
transaction	UVSP	Common	Options Exercise	$0	+2,023	+3.7%	$0.000000	56,777	15 Mar 2022	Direct	F1, F2
transaction	UVSP	Common	Options Exercise	$0	+1,478	+2.6%	$0.000000	58,255	15 Mar 2022	Direct	F1, F2
transaction	UVSP	Common	Options Exercise	$0	+8,545	+15%	$0.000000	66,800	15 Mar 2022	Direct	F2, F3
transaction	UVSP	Common	Other	$0	-103	-0.15%	$0.000000	66,697	15 Mar 2022	Direct	F2, F4
transaction	UVSP	Common	Tax liability	$113,404	-4,020	-6%	$28.21	62,677	15 Mar 2022	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	UVSP	Restricted Stock Units	Options Exercise	$0	-1,221	-100%	$0.000000^*	0	15 Mar 2022	Common	1,221		Direct	F1
transaction	UVSP	Restricted Stock Units	Options Exercise	$0	-2,023	-50%	$0.000000	2,023	15 Mar 2022	Common	2,023		Direct	F1, F5
transaction	UVSP	Restricted Stock Units	Options Exercise	$0	-1,478	-33%	$0.000000	2,956	15 Mar 2022	Common	1,478		Direct	F1, F5
transaction	UVSP	Performance Restricted Stock Units	Options Exercise	$0	-8,545	-100%	$0.000000^*	0	15 Mar 2022	Common	8,545		Direct	F3
transaction	UVSP	Restricted Stock Units	Award	$0	+4,947		$0.000000	4,947	15 Mar 2022	Common	4,947		Direct	F5, F6
transaction	UVSP	Performance Restricted Stock Units	Award	$0	+11,538		$0.000000	11,538	15 Mar 2022	Common	11,538		Direct	F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF RESTRICTED STOCK UNITS.
F2	INCLUDES 17,289.5936 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	VESTED SHARES CANCELLED 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.