0001668308-23-000004.txt : 20230317 0001668308-23-000004.hdr.sgml : 20230317 20230317100029 ACCESSION NUMBER: 0001668308-23-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230315 FILED AS OF DATE: 20230317 DATE AS OF CHANGE: 20230317 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Santana Megan D CENTRAL INDEX KEY: 0001668308 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-07617 FILM NUMBER: 23740946 MAIL ADDRESS: STREET 1: 14 NORTH MAIN STREET STREET 2: PO BOX 197 CITY: SOUDERTON STATE: PA ZIP: 18964 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: UNIVEST FINANCIAL Corp CENTRAL INDEX KEY: 0000102212 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 231886144 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 14 NORTH MAIN STREET STREET 2: PO BOX 197 CITY: SOUDERTON STATE: PA ZIP: 18964 BUSINESS PHONE: 2157212400 MAIL ADDRESS: STREET 1: 14 NORTH MAIN STREET STREET 2: PO BOX 197 CITY: SOUDERTON STATE: PA ZIP: 18964 FORMER COMPANY: FORMER CONFORMED NAME: UNIVEST CORP OF PENNSYLVANIA DATE OF NAME CHANGE: 19920703 4 1 wf-form4_167906161778621.xml FORM 4 X0306 4 2023-03-15 0 0000102212 UNIVEST FINANCIAL Corp UVSP 0001668308 Santana Megan D 14 NORTH MAIN STREET PO BOX 197 SOUDERTON PA 18964 0 1 0 1 Sr EVP & Chief Risk Officer General Counsel Common 2023-03-15 4 M 0 600 0 A 13729.5237 D Common 2023-03-15 4 M 0 407 0 A 14136.5237 D Common 2023-03-15 4 M 0 559 0 A 14695.5237 D Common 2023-03-15 4 M 0 4201 0 A 18896.5237 D Common 2023-03-15 4 J 0 42 0 A 18938.5237 D Restricted Stock Units 2023-03-15 4 M 0 600 0 D 2021-03-15 2023-03-15 Common 600.0 0 D Restricted Stock Units 2023-03-15 4 M 0 407 0 D 2022-03-15 2024-03-15 Common 407.0 407 D Restricted Stock Units 2023-03-15 4 M 0 559 0 D 2023-03-15 2025-03-15 Common 559.0 1118 D Performance Restricted Stock Units 2023-03-15 4 M 0 4201 0 D 2023-03-15 2023-03-15 Common 4201.0 0 D Restricted Stock Units 2023-03-15 4 A 0 1983 0 A 2024-03-15 2026-03-15 Common 1983.0 1983 D Performance Restricted Stock Units 2023-03-15 4 A 0 4620 0 A 2026-03-15 2026-03-15 Common 4620.0 4620 D REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF RESTRICTED STOCK UNITS. INCLUDES 7,231.5237 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN AND EMPLOYEE STOCK PURCHASE PLAN. REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF PERFORMANCE-BASED RESTRICTED STOCK UNITS. ADDITIONAL SHARES AWARDED DUE TO EVALUATION OF PERFORMANCE FACTORS AFTER MEASUREMENT PERIOD. 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. EACH RESTRICTED STOCK UNIT REPRESENTS A CONTINGENT RIGHT TO RECEIVE ONE SHARE OF COMMON STOCK UPON VESTING OF THE UNIT. 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. Megan D. Santana 2023-03-17