0001779743-24-000006.txt : 20240319 0001779743-24-000006.hdr.sgml : 20240319 20240319151302 ACCESSION NUMBER: 0001779743-24-000006 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240315 FILED AS OF DATE: 20240319 DATE AS OF CHANGE: 20240319 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Richardson Brian J CENTRAL INDEX KEY: 0001779743 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-07617 FILM NUMBER: 24762646 MAIL ADDRESS: STREET 1: 14 NORTH MAIN STREET STREET 2: PO BOX 197 CITY: SOUDERTON STATE: PA ZIP: 18964 FORMER NAME: FORMER CONFORMED NAME: Richardson Brian Jason DATE OF NAME CHANGE: 20190613 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: UNIVEST FINANCIAL Corp CENTRAL INDEX KEY: 0000102212 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance 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 wk-form4_1710875572.xml FORM 4 X0508 4 2024-03-15 0 0000102212 UNIVEST FINANCIAL Corp UVSP 0001779743 Richardson Brian J 14 NORTH MAIN STREET PO BOX 197 SOUDERTON PA 18964 0 1 0 0 Sr EVP & CFO 0 Common 2024-03-15 4 M 0 444 0 A 12829.4353 D Common 2024-03-15 4 M 0 654 0 A 13483.4353 D Common 2024-03-15 4 M 0 778 0 A 14261.4353 D Common 2024-03-15 4 M 0 3102 0 A 17363.4353 D Common 2024-03-15 4 J 0 634 0 A 17997.4353 D Common 2024-03-15 4 F 0 1624 19.56 D 16373.4353 D Restricted Stock Units 2024-03-15 4 M 0 444 0 D 2022-03-15 2024-03-15 Common 444 0 D Restricted Stock Units 2024-03-15 4 M 0 654 0 D 2023-03-15 2025-03-15 Common 654 654 D Restricted Stock Units 2024-03-15 4 M 0 778 0 D 2024-03-15 2026-03-15 Common 778 1556 D Performance Restricted Stock Units 2024-03-15 4 M 0 3102 0 D 2024-03-15 2024-03-15 Common 3102 0 D Restricted Stock Units 2024-03-15 4 A 0 3060 0 A 2025-03-15 2027-03-15 Common 3060 3060 D Performance Restricted Stock Units 2024-03-15 4 A 0 7134 0 A 2027-03-15 2027-03-15 Common 7134 7134 D REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF RESTRICTED STOCK UNITS. INCLUDES 636.4353 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT 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 2024-03-19