0001454969-20-000006.txt : 20200317 0001454969-20-000006.hdr.sgml : 20200317 20200317140109 ACCESSION NUMBER: 0001454969-20-000006 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200315 FILED AS OF DATE: 20200317 DATE AS OF CHANGE: 20200317 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BROBST DUANE J CENTRAL INDEX KEY: 0001454969 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-07617 FILM NUMBER: 20720430 BUSINESS ADDRESS: STREET 1: 14 NORTH MAIN STREET STREET 2: P.O. BOX 64197 CITY: SOUDERTON STATE: PA ZIP: 18964 BUSINESS PHONE: 215-721-2400 MAIL ADDRESS: STREET 1: 14 NORTH MAIN STREET STREET 2: P.O. BOX 64197 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: P. O. BOX 64197 CITY: SOUDERTON STATE: PA ZIP: 18964 BUSINESS PHONE: 2157212400 MAIL ADDRESS: STREET 1: 14 NORTH MAIN STREET STREET 2: P. O. BOX 64197 CITY: SOUDERTON STATE: PA ZIP: 18964 FORMER COMPANY: FORMER CONFORMED NAME: UNIVEST CORP OF PENNSYLVANIA DATE OF NAME CHANGE: 19920703 4 1 wf-form4_158446805176487.xml FORM 4 X0306 4 2020-03-15 0 0000102212 UNIVEST FINANCIAL Corp UVSP 0001454969 BROBST DUANE J 14 NORTH MAIN STREET PO BOX 197 SOUDERTON PA 18964 0 1 0 0 Sr EVP & Chief Credit Officer Common 2020-03-15 4 M 0 350 0 A 38917.9084 D Common 2020-03-15 4 F 0 98 18.08 D 38819.9084 D Restricted Stock Units 2020-03-15 4 M 0 350 0 D 2020-03-15 2022-03-15 Common 350.0 700 D Restricted Stock Units 2020-03-15 4 A 0 1548 0 A 2021-03-15 2023-03-15 Common 1548.0 1548 D Performance Restricted Stock Units 2020-03-15 4 A 0 3611 0 A 2023-03-15 2023-03-15 Common 3611.0 3611 D REPRESENTS THE SETTLEMENT OF ONE SHARE OF COMMON STOCK UPON VESTING OF THE CORRESPONDING NUMBER OF RESTRICTED STOCK UNITS. INCLUDES 9,135.9084 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 2020-03-17