Michael S. Keim - 15 Mar 2024 Form 4 Insider Report for UNIVEST FINANCIAL Corp (UVSP)

Role: Senior EVP & COO
Signature: Megan D. Santana
Issuer symbol: UVSP
Transactions as of: 15 Mar 2024
Net transactions value: -$55,042
Form type: 4
Filing time: 19 Mar 2024, 15:02:01 UTC
Previous filing: 01 Feb 2024
Next filing: 16 May 2024
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	+827	+1.7%	$0.000000	49,484	15 Mar 2024	Direct	F1, F2
transaction	UVSP	Common	Options Exercise	$0	+887	+1.8%	$0.000000	50,371	15 Mar 2024	Direct	F1, F2
transaction	UVSP	Common	Options Exercise	$0	+1,150	+2.3%	$0.000000	51,521	15 Mar 2024	Direct	F1, F2
transaction	UVSP	Common	Options Exercise	$0	+5,788	+11%	$0.000000	57,309	15 Mar 2024	Direct	F2, F3
transaction	UVSP	Common	Other	$0	+1,184	+2.1%	$0.000000	58,493	15 Mar 2024	Direct	F2, F4
transaction	UVSP	Common	Tax liability	$55,042	-2,814	-4.8%	$19.56	55,679	15 Mar 2024	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	-827	-100%	$0.000000^*	0	15 Mar 2024	Common	827		Direct	F1
transaction	UVSP	Restricted Stock Units	Options Exercise	$0	-887	-50%	$0.000000	887	15 Mar 2024	Common	887		Direct	F1, F5
transaction	UVSP	Restricted Stock Units	Options Exercise	$0	-1,150	-33%	$0.000000	2,300	15 Mar 2024	Common	1,150		Direct	F1, F5
transaction	UVSP	Performance Restricted Stock Units	Options Exercise	$0	-5,788	-100%	$0.000000^*	0	15 Mar 2024	Common	5,788		Direct	F3
transaction	UVSP	Restricted Stock Units	Award	$0	+4,497		$0.000000	4,497	15 Mar 2024	Common	4,497		Direct	F5, F6
transaction	UVSP	Performance Restricted Stock Units	Award	$0	+10,490		$0.000000	10,490	15 Mar 2024	Common	10,490		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 7,154.5090 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN.
F3	REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF PERFORMANCE-BASED RESTRICTED STOCK UNITS.
F4	ADDITIONAL SHARES AWARDED 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.