S&T BANCORP INC — Director's Dealing 2019

Dec 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: S&T BANCORP INC (STBA)
CIK: 0000719220
Period of Report: 2019-12-01

Reporting Person: HIEB WILLIAM J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-01	Common Stock	J	30197	$37.72	Acquired	30197	Direct
2019-12-01	Common Stock	J	3660	$37.72	Acquired	33857	Direct
2019-12-01	Common Stock	F	826	$37.72	Disposed	33031	Direct
2019-12-01	Common Stock	J	19660	$37.72	Acquired	19660	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Direct

Footnotes

F1: Acquired pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and between the Issuer and DNB Financial Corporation ("DNB"). Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each share of DNB common stock was converted into 1.22 shares of the Issuer's common stock. Cash in lieu of fractional shares was paid at a rate of $38.09 per share.

F2: Restricted stock unit awarded by DNB vested in full, all restrictions thereon lapsed, at the effective time of the Merger. Each such award was converted into the right to receive 1.22 shares of the Issuer's common stock as described in footnote 1.

F3: Shares the Issuer's common stock forfeited for payment of tax liability on compensation due to the restricted stock unit awards vesting in footnote 2. S&T had a market value of $37.72 per share on the effective time of the Merger, which value was used for calculating the number of shares to forfeit.