0001920918-24-000004.txt : 20240319 0001920918-24-000004.hdr.sgml : 20240319 20240319150907 ACCESSION NUMBER: 0001920918-24-000004 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: McCormick Patrick C CENTRAL INDEX KEY: 0001920918 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-07617 FILM NUMBER: 24762634 MAIL ADDRESS: STREET 1: 14 NORTH MAIN ST 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] 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_1710875337.xml FORM 4 X0508 4 2024-03-15 0 0000102212 UNIVEST FINANCIAL Corp UVSP 0001920918 McCormick Patrick C 14 NORTH MAIN ST PO BOX 197 SOUDERTON PA 18964 0 1 0 0 SEVP & Chief Comm Bank Officer 0 Common 2024-03-15 4 M 0 3000 0 A 6118.7608 D Common 2024-03-15 4 M 0 489 0 A 6607.7608 D Common 2024-03-15 4 F 0 1132 19.56 D 5475.7608 D Restricted Stock Units 2024-03-15 4 M 0 3000 0 D 2023-03-15 2025-03-15 Common 3000 3000 D Restricted Stock Units 2024-03-15 4 M 0 489 0 D 2024-03-15 2026-03-15 Common 489 978 D Restricted Stock Units 2024-03-15 4 A 0 2148 0 A 2025-03-15 2027-03-15 Common 2148 2148 D Performance Restricted Stock Units 2024-03-15 4 A 0 5010 0 A 2027-03-15 2027-03-15 Common 5010 5010 D REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF RESTRICTED STOCK UNITS. INCLUDES 1,077.7608 SHARES ACQUIRED THROUGH THE DIVIDEND REINVESTMENT PLAN AND EMPLOYEE STOCK PURCHASE PLAN. 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