Rachel Lynn Smydo - Apr 1, 2024 Form 4 Insider Report for S&T BANCORP INC (STBA)

Role
Executive Vice President
Signature
/s/ Susan L. Rager-Parr, attorney-in-fact for Rachel Lynn Smydo
Stock symbol
STBA
Transactions as of
Apr 1, 2024
Transactions value $
$21,685
Form type
4
Date filed
4/3/2024, 06:32 PM
Previous filing
Sep 26, 2023
Next filing
Sep 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STBA Common Stock Options Exercise $9.82K +308 +15.54% $31.89 2.29K Apr 1, 2024 Direct F1
transaction STBA Common Stock Tax liability -$2.74K -86 -3.76% $31.89 2.2K Apr 1, 2024 Direct F2
transaction STBA Common Stock Options Exercise $20.5K +643 +29.17% $31.89 2.85K Apr 1, 2024 Direct F1
transaction STBA Common Stock Tax liability -$5.9K -185 -6.5% $31.89 2.66K Apr 1, 2024 Direct F2

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 -308 -49.04% $0.00 320 Apr 1, 2024 Common Stock 308 Direct F1, F3, F5
transaction STBA Restricted Stock Units Options Exercise $0 -643 -32.97% $0.00 1.31K Apr 1, 2024 Common Stock 643 Direct F1, F3, F6
transaction STBA Director Restricted Stock Units Award $0 +2.12K $0.00 2.12K Apr 1, 2024 Common Stock 2.12K Direct F3, F7, F8
holding STBA Restricted Stock Units 5.03K Apr 1, 2024 Common Stock 5.03K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vest, automatically converts into equal number of shares of common stock.
F2 Shares of common stock withheld for payment of tax liability for vested and converted RSU's.
F3 Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
F4 The Registrant awarded a special grant to the executive officer that will vest equally over the three successive anniversary dates of the grant date.
F5 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.
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, 2025. 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. 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.