Brian J. Richardson - 31 Dec 2022 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 2022
Transactions value $
$0
Form type
5
Filing time
26 Jan 2023, 09:29:13 UTC
Previous filing
17 Mar 2022
Next filing
17 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UVSP Common 7,503 31 Dec 2022 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 2022 Common 1,500 $28.15 Direct F2
holding UVSP Stock Options (Right to Buy) 2,090 31 Dec 2022 Common 2,090 $28.5 Direct F2
holding UVSP Restricted Stock Units 649 31 Dec 2022 Common 649 Direct F3, F4
holding UVSP Restricted Stock Units 888 31 Dec 2022 Common 888 Direct F3, F4
holding UVSP Restricted Stock Units 1,962 31 Dec 2022 Common 1,962 Direct F3, F4
holding UVSP Performance Restricted Stock Units 4,540 31 Dec 2022 Common 4,540 Direct F3, F5
holding UVSP Performance Restricted Stock Units 3,102 31 Dec 2022 Common 3,102 Direct F3, F5
holding UVSP Performance Restricted Stock Units 4,578 31 Dec 2022 Common 4,578 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 INCLUDES 248.1257 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.