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S&T BANCORP INC — Director's Dealing 2017
Mar 21, 2017
31911_dirs_2017-03-21_7c3e9d6e-037c-4384-b9c5-fcb589596066.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: 2017-03-20
Reporting Person: Draganza Ernest J. (Sr Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-20 | Common Stock | A | 3042 | $35.57 | Acquired | 19666.616 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 14385.248 | Indirect |
| Common Stock | 760.357 | 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.