Megan D. Santana - 15 Mar 2022 Form 4 Insider Report for UNIVEST FINANCIAL Corp (UVSP)

Role
EVP & Chief Risk Officer, General Counsel
Signature
Megan D. Santana
Issuer symbol
UVSP
Transactions as of
15 Mar 2022
Net transactions value
$0
Form type
4
Filing time
17 Mar 2022, 16:04:05 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 +289 +3.5% $0.000000 8,633 15 Mar 2022 Direct F1, F2
transaction UVSP Common Options Exercise $0 +600 +6.9% $0.000000 9,233 15 Mar 2022 Direct F1, F2
transaction UVSP Common Options Exercise $0 +407 +4.4% $0.000000 9,640 15 Mar 2022 Direct F1, F2
transaction UVSP Common Options Exercise $0 +2,019 +21% $0.000000 11,659 15 Mar 2022 Direct F2, F3
transaction UVSP Common Other $0 -24 -0.21% $0.000000 11,635 15 Mar 2022 Direct F2, F4

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 -289 -100% $0.000000* 0 15 Mar 2022 Common 289 Direct F1
transaction UVSP Restricted Stock Units Options Exercise $0 -600 -50% $0.000000 600 15 Mar 2022 Common 600 Direct F1, F5
transaction UVSP Restricted Stock Units Options Exercise $0 -407 -33% $0.000000 814 15 Mar 2022 Common 407 Direct F1, F5
transaction UVSP Performance Restricted Stock Units Options Exercise $0 -2,019 -100% $0.000000* 0 15 Mar 2022 Common 2,019 Direct F3
transaction UVSP Restricted Stock Units Award $0 +1,677 $0.000000 1,677 15 Mar 2022 Common 1,677 Direct F5, F6
transaction UVSP Performance Restricted Stock Units Award $0 +3,908 $0.000000 3,908 15 Mar 2022 Common 3,908 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 5,737.1222 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.