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S&T BANCORP INC — Director's Dealing 2012
Mar 21, 2012
31911_dirs_2012-03-21_b6a8e00a-abdc-4b3b-aa1b-0e62d4c6cb93.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: S&T BANCORP INC (STBA)
CIK: 0000719220
Period of Report: 2012-03-19
Reporting Person: BRICE TODD D (PRESIDENT, CEO & DIRECTOR)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-03-19 | Common Stock | A | 4701 | $22.335 | Acquired | 65219 | Direct |
| 2012-03-19 | Common Stock | A | 2984 | $22.335 | Acquired | 68203 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4384.86 | Indirect |
| Common Stock | 4776 | Indirect |
| Common Stock | 96 | Indirect |
| Common Stock | 1379 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $29.965 | 2013-12-15 | Common Stock (10000) | 10000 | Direct |
| Stock Options (Right to Buy) | $37.08 | 2014-12-20 | Common Stock (12500) | 12500 | Direct |
| Stock Options (Right to Buy) | $37.855 | 2015-12-19 | Common Stock (12500) | 12500 | Direct |
Footnotes
F1: On March 19, 2012, the Compensaton and Benefits Committee of the Registrant's board of directors approved the grant of restricted stock under the S&T Bancorp, Inc. 2003 Incentive Stock Plan for an incentive under the S&T Bancorp, Inc. Long Term Incentive Plan. The actual number of shares granted and communicated to the Reporting Person was determined based on the target incentive payout, which is 20% of the Reporting Person's base salary on the grant date divided by the average of the high and low prices of S&T Bancorp, Inc. common stock on the grant date. One half of the shares will be earned based on remaining with S&T for three years. The other half will be earned based on S&T's Return on Average Equity performance over a three year period.
F2: On March 19, 2012, the Compensation and Benefits Committee of the Registrant's board of directors approved the grant of restricted stock under the S&T Bancorp, Inc. 2003 Incentive Stock Plan, due to the achievement of the Registrant's corporate performance goals and the Reporting Person's individual performance goals under the S&T Management plan for 2011. Shares will vest on March 19, 2014.