AI assistant
S&T BANCORP INC — Director's Dealing 2017
Mar 21, 2017
31911_dirs_2017-03-21_5112a098-93ab-4793-a895-646458e4ada5.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: S&T BANCORP INC (STBA)
CIK: 0000719220
Period of Report: 2017-03-20
Reporting Person: KOCHVAR MARK (SR EXEC VICE PRESIDENT & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-20 | Common Stock | A | 3303 | $35.57 | Acquired | 29626.813 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 23470.85 | Indirect |
Footnotes
F1: On March 20, 2017, 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 2017 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.