Stephen A. Drahnak - Apr 1, 2023 Form 4 Insider Report for S&T BANCORP INC (STBA)

Role
Executive Vice President
Signature
/s/ Susan L. Rager-Parr, attorney-in-fact for Stephen A. Drahnak
Stock symbol
STBA
Transactions as of
Apr 1, 2023
Transactions value $
-$45,225
Form type
4
Date filed
4/4/2023, 05:18 PM
Previous filing
Feb 2, 2023
Next filing
Nov 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STBA Common Stock Disposed to Issuer -$40.4K -1.28K -9.09% $31.45 12.8K Apr 1, 2023 Direct F1
transaction STBA Common Stock Tax liability -$20.2K -643 -5.01% $31.45 12.2K Apr 1, 2023 Direct F2
transaction STBA Common Stock Options Exercise $21.6K +687 +5.63% $31.45 12.9K Apr 1, 2023 Direct F3
transaction STBA Common Stock Tax liability -$6.23K -198 -1.54% $31.45 12.7K Apr 1, 2023 Direct F4
holding STBA Common Stock 7.41K Apr 1, 2023 401-k
holding STBA Common Stock 293 Apr 1, 2023 Child

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STBA Restricted Stock Units Award $0 +2.17K $0.00 2.17K Apr 1, 2023 Common Stock 2.17K Direct F5, F6
transaction STBA Restricted Stock Units Options Exercise $0 -687 -32.97% $0.00 1.4K Apr 1, 2023 Common Stock 687 Direct F3, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Forfeiture of performance based shares granted on 04/01/2020 under the 2020 long term incentive plan.
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 Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
F6 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.
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.