Melanie A. Lazzari - 01 Apr 2024 Form 4 Insider Report for S&T BANCORP INC (STBA)

Signature
/s/ Susan L. Rager-Parr, attorney-in-fact for Melanie A. Lazzari
Issuer symbol
STBA
Transactions as of
01 Apr 2024
Net transactions value
-$7,909
Form type
4
Filing time
03 Apr 2024, 18:29:21 UTC
Previous filing
09 Feb 2024
Next filing
12 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STBA Common Stock Disposed to Issuer $7,143 -224 -2.4% $31.89 9,159 01 Apr 2024 Direct F1
transaction STBA Common Stock Tax liability $5,804 -182 -2% $31.89 8,977 01 Apr 2024 Direct F2
transaction STBA Common Stock Tax liability $4,752 -149 -1.7% $31.89 8,828 01 Apr 2024 Direct F2
transaction STBA Common Stock Tax liability $8,483 -266 -3% $31.89 8,562 01 Apr 2024 Direct F2
transaction STBA Common Stock Options Exercise $16,423 +515 +6% $31.89 9,077 01 Apr 2024 Direct F3
transaction STBA Common Stock Tax liability $7,207 -226 -2.5% $31.89 8,851 01 Apr 2024 Direct F4
transaction STBA Common Stock Options Exercise $16,136 +506 +5.7% $31.89 9,357 01 Apr 2024 Direct F3
transaction STBA Common Stock Tax liability $7,080 -222 -2.4% $31.89 9,135 01 Apr 2024 Direct F4
holding STBA Common Stock 7,384 01 Apr 2024 401(k)
holding STBA Common Stock 9 01 Apr 2024 Spouse IRA

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 Options Exercise $0 -515 -49% $0.000000 532 01 Apr 2024 Common Stock 515 Direct F3, F5, F6
transaction STBA Restricted Stock Units Options Exercise $0 -506 -33% $0.000000 1,029 01 Apr 2024 Common Stock 506 Direct F3, F5, F7
transaction STBA Director Restricted Stock Units Award $0 +1,666 $0.000000 1,666 01 Apr 2024 Common Stock 1,666 Direct F5, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 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, 2023. 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, 2024. 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, 2025. 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. 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.