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S&T BANCORP INC — Director's Dealing 2014
May 21, 2014
31911_dirs_2014-05-21_9ef02ec6-1ec4-491c-a5e3-74f74b80c7db.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: 2014-05-19
Reporting Person: Drahnak Stephen A. (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-05-19 | Common Stock | A | 2210 | $23.19 | Acquired | 3319.002 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2955.808 | Indirect |
| Common Stock | 293 | Indirect |
| Common Stock | 2106 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $37.08 | 2014-12-20 | Common Stock (2000) | 2000 | Direct |
| Stock Options (Right to Buy) | $37.855 | 2015-12-19 | Common Stock (5000) | 5000 | Direct |
Footnotes
F1: The total shares for reporting person was reported correctly on 1/10/2012; however, the form of ownership was incorrect.
F2: On May 19, 2014, the Compensaton and Benefits Committee of the Registrant's board of directors approved the grant of restricted stock under the S&T Bancorp, Inc. 2014 Incentive Plan for an incentive under the 2014 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 as a percentage 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 over the 10-day trading period ending 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 and Cumulative Total Shareholder Return performance over a three year period.
F3: The number of shares initially reported was incorrect. The correct number of S&T Bancorp. shares owned by the child on 1/1/2012 was 293.