Michael S. Keim - 31 Dec 2023 Form 5 Insider Report for UNIVEST FINANCIAL Corp (UVSP)

Role
Senior EVP & COO
Signature
Megan D. Santana
Issuer symbol
UVSP
Transactions as of
31 Dec 2023
Net transactions value
$0
Form type
5
Filing time
01 Feb 2024, 10:06:37 UTC
Previous filing
17 Mar 2023
Next filing
19 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UVSP Common 48,657 31 Dec 2023 Direct F1

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
holding UVSP Stock Options (Right to Buy) 2,000 31 Dec 2023 Common 2,000 $18.52 Direct F2
holding UVSP Stock Options (Right to Buy) 7,430 31 Dec 2023 Common 7,430 $19.68 Direct F2
holding UVSP Stock Options (Right to Buy) 6,696 31 Dec 2023 Common 6,696 $28.15 Direct F2
holding UVSP Stock Options (Right to Buy) 7,245 31 Dec 2023 Common 7,245 $28.50 Direct F2
holding UVSP Restricted Stock Units 827 31 Dec 2023 Common 827 Direct F3, F4
holding UVSP Restricted Stock Units 1,774 31 Dec 2023 Common 1,774 Direct F3, F4
holding UVSP Restricted Stock Units 3,450 31 Dec 2023 Common 3,450 Direct F3, F4
holding UVSP Performance Restricted Stock Units 5,788 31 Dec 2023 Common 5,788 Direct F3, F5
holding UVSP Performance Restricted Stock Units 6,202 31 Dec 2023 Common 6,202 Direct F3, F5
holding UVSP Performance Restricted Stock Units 8,046 31 Dec 2023 Common 8,046 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 INCLUDES 7154.509 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN.
F2 AT THE GRANT DATE, STOCK OPTIONS WERE EXERCISABLE AT 33.3% PER YEAR FOR THREE YEARS COMMENCING WITH THE EXERCISABLE DATE INDICATED.
F3 EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF COMMON STOCK UPON VESTING OF THE UNIT.
F4 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.
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.