James Arvo Michie - 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 James Arvo Michie
Stock symbol
STBA
Transactions as of
Apr 1, 2024
Transactions value $
$18,273
Form type
4
Date filed
4/3/2024, 06:34 PM
Previous filing
Jun 16, 2023
Next filing
Jun 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STBA Common Stock Options Exercise $10.3K +323 +27.89% $31.89 1.48K Apr 1, 2024 Direct F1
transaction STBA Common Stock Tax liability -$4.53K -142 -9.59% $31.89 1.34K Apr 1, 2024 Direct F2
transaction STBA Common Stock Options Exercise $22.3K +698 +52.13% $31.89 2.04K Apr 1, 2024 Direct F1
transaction STBA Common Stock Tax liability -$9.76K -306 -15.02% $31.89 1.73K 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 -323 -49.09% $0.00 335 Apr 1, 2024 Common Stock 323 Direct F1, F3, F5
transaction STBA Restricted Stock Units Options Exercise $0 -698 -32.97% $0.00 1.42K Apr 1, 2024 Common Stock 698 Direct F1, F3, F6
transaction STBA Director Restricted Stock Units Award $0 +2.27K $0.00 2.27K Apr 1, 2024 Common Stock 2.27K Direct F3, F7, F8
holding STBA Restricted Stock Units 3.35K Apr 1, 2024 Common Stock 3.35K 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.