Melanie A. Lazzari - Apr 10, 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 Melanie A. Lazzari
Stock symbol
STBA
Transactions as of
Apr 10, 2024
Transactions value $
$8,195
Form type
4
Date filed
4/12/2024, 05:15 PM
Previous filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STBA Common Stock Options Exercise $14.6K +495 +5.42% $29.48 9.63K Apr 10, 2024 Direct F1
transaction STBA Common Stock Tax liability -$6.4K -217 -2.25% $29.48 9.41K Apr 10, 2024 Direct F2
holding STBA Common Stock 7.38K Apr 10, 2024 401(k)
holding STBA Common Stock 9 Apr 10, 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 -495 -33% $0.00 1.01K Apr 10, 2024 Common Stock 495 Direct F1, F9
holding STBA Restricted Stock Units 1.67K Apr 10, 2024 Common Stock 1.67K Direct F3, F4, F5, F6
holding STBA Restricted Stock Units 532 Apr 10, 2024 Common Stock 532 Direct F4, F7
holding STBA Restricted Stock Units 1.03K Apr 10, 2024 Common Stock 1.03K Direct F4, F8
* 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 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.
F4 Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
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 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.
F8 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.
F9 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.