SCHWEITZER JEFFREY M - 26 Aug 2024 Form 4 Insider Report for UNIVEST FINANCIAL Corp (UVSP)

Signature
Megan D. Santana
Issuer symbol
UVSP
Transactions as of
26 Aug 2024
Net transactions value
-$24,631
Form type
4
Filing time
28 Aug 2024, 14:07:33 UTC
Previous filing
13 May 2024
Next filing
04 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UVSP Common Options Exercise $54,573 +2,773 +3.1% $19.68 92,960 26 Aug 2024 Direct F1
transaction UVSP Common Sale $64,488 -2,258 -2.4% $28.56 90,702 26 Aug 2024 Direct F1
transaction UVSP Common Sale $14,715 -515 -0.57% $28.57 90,187 26 Aug 2024 Direct F1, 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 Stock Options (Right to Buy) Options Exercise $0 -2,773 -20% $0.000000 10,849 26 Aug 2024 Common 2,773 $19.68 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 INCLUDES 10,090.1043 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN.
F2 THE PRICE REPORTED IN COLUMN 4 IS A WEIGHTED AVERAGE PRICE. THESE SHARES WERE SOLD IN MULTIPLE TRANSACTIONS AT PRICES RANGING FROM $28.52 TO $28.61, INCLUSIVE. THE REPORTING PERSON UNDERTAKES TO PROVIDE TO UNIVEST FINANCIAL CORPORATION, ANY SECURITY HOLDER OF UNIVEST FINANCIAL CORPORATION, OR THE STAFF OF THE SECURITIES AND EXCHANGE COMMISSION, UPON REQUEST, FULL INFORMATION REGARDING THE NUMBER OF SHARES SOLD AT EACH SEPARATE PRICE WITHIN THE RANGES SET FORTH IN THIS FOOTNOTE.
F3 AT THE GRANT DATE, STOCK OPTIONS ARE EXERCISABLE AT 33.3% PER YEAR FOR THREE YEARS COMMENCING WITH THE EXERCISABLE DATE INDICATED.