Melanie A. Lazzari - 10 Apr 2023 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
10 Apr 2023
Net transactions value
+$45,360
Form type
4
Filing time
12 Apr 2024, 17:12:48 UTC
Previous filing
04 Apr 2023
Next filing
09 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding STBA Common Stock 9,135 10 Apr 2023 Direct
holding STBA Common Stock 7,384 10 Apr 2023 401(k)
holding STBA Common Stock 9 10 Apr 2023 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 Award $45,360 +1,500 $30.24 1,500 10 Apr 2023 Common Stock 1,500 Direct F1, F7
holding STBA Restricted Stock Units 532 10 Apr 2023 Common Stock 532 Direct F1, F2
holding STBA Restricted Stock Units 1,029 10 Apr 2023 Common Stock 1,029 Direct F1, F3
holding STBA Restricted Stock Units 1,666 10 Apr 2023 Common Stock 1,666 Direct F1, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
F2 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.
F3 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.
F4 Correction to the name of the award. It is not a Director's award, but officer award. All other aspects of the award, including date of award, number of shares, and vesting remain unchanged.
F5 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.
F6 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.
F7 On April 10, 2023, the Registrant awarded a special grant to the executive officer that will vest equally over the three successive anniversary dates of the grant date.