Brian J. Richardson - 31 Dec 2021 Form 5 Insider Report for UNIVEST FINANCIAL Corp (UVSP)

Role
Sr EVP & CFO
Signature
Megan D. Santana
Issuer symbol
UVSP
Transactions as of
31 Dec 2021
Transactions value $
$0
Form type
5
Filing time
28 Jan 2022, 09:21:20 UTC
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UVSP Common 5,635 31 Dec 2021 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) 1,500 31 Dec 2021 Common 1,500 $28.15 Direct F2
holding UVSP Stock Options (Right to Buy) 2,090 31 Dec 2021 Common 2,090 $28.5 Direct F2
holding UVSP Restricted Stock Units 179 31 Dec 2021 Common 179 Direct F3, F4
holding UVSP Restricted Stock Units 1,298 31 Dec 2021 Common 1,298 Direct F3, F4
holding UVSP Restricted Stock Units 1,332 31 Dec 2021 Common 1,332 Direct F3, F4
holding UVSP Performance Restricted Stock Units 1,248 31 Dec 2021 Common 1,248 Direct F3, F5
holding UVSP Performance Restricted Stock Units 4,540 31 Dec 2021 Common 4,540 Direct F3, F5
holding UVSP Performance Restricted Stock Units 3,102 31 Dec 2021 Common 3,102 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 INCLUDES 157.2589 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN.
F2 AT THE GRANT DATE, STOCK OPTIONS ARE 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.