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S&T BANCORP INC — Director's Dealing 2024
Apr 3, 2024
31911_dirs_2024-04-03_89bf8760-df8c-4cdb-99d9-0b9934d1fe0c.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: 2024-04-01
Reporting Person: Drahnak Stephen A. (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-01 | Common Stock | D | 278 | $31.89 | Disposed | 12044.384 | Direct |
| 2024-04-01 | Common Stock | F | 226 | $31.89 | Disposed | 11818.384 | Direct |
| 2024-04-01 | Common Stock | F | 484 | $31.89 | Disposed | 11334.384 | Direct |
| 2024-04-01 | Common Stock | F | 330 | $31.89 | Disposed | 11004.384 | Direct |
| 2024-04-01 | Common Stock | M | 687 | $31.89 | Acquired | 11691.384 | Direct |
| 2024-04-01 | Common Stock | F | 301 | $31.89 | Disposed | 11390.384 | Direct |
| 2024-04-01 | Common Stock | M | 714 | $31.89 | Acquired | 12104.384 | Direct |
| 2024-04-01 | Common Stock | F | 313 | $31.89 | Disposed | 11791.384 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-01 | Restricted Stock Units | $ | M | 687 | Disposed | Common Stock (687) | Direct | |
| 2024-04-01 | Restricted Stock Units | $ | M | 714 | Disposed | Common Stock (714) | Direct | |
| 2024-04-01 | Director Restricted Stock Units | $ | A | 2292 | Acquired | Common Stock (2292) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7733.8528 | Indirect |
| Common Stock | 293 | Indirect |
Footnotes
F1: Forfeiture of performance shares from the 2021 Long-Term Incentive Plan. Performance shares vested at 73%, between Threshold and Target level.
F2: Shares withheld upon vesting of Restricted Stock for payment of tax liability.
F3: Upon vest, automatically converts into equal number of shares of common stock.
F4: Shares of common stock withheld for payment of tax liability for vested and converted RSU's.
F5: 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.
F6: Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
F7: The restricted stock units vest in three equal annual installments beginning April 1, 2023. Vested shares will be delivered to the reporting person upon vesting.
F8: The restricted stock units vest in three equal annual installments beginning April 1, 2024. Vested shares will be delivered to the reporting person upon vesting.
F9: The restricted stock units vest in three equal annual installments beginning April 1, 2025. Vested shares will be delivered to the reporting person upon vesting.
F10: The restricted stock units vest in three equal annual installments beginning April 1, 2025. In accordance with a pre-established deferral election made by the reporting person, vested shares will be delivered to the reporting person upon separation from service or sooner upon the occurrence of certain events.