James Arvo Michie - 14 Jun 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
Issuer symbol: STBA
Transactions as of: 14 Jun 2024
Net transactions value: +$27,896
Form type: 4
Filing time: 17 Jun 2024, 15:37:10 UTC
Previous filing: 03 Apr 2024
Next filing: 04 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STBA	Common Stock	Options Exercise	$49,599	+1,650	+95%	$30.06	3,381	14 Jun 2024	Direct	F1
transaction	STBA	Common Stock	Tax liability	$21,703	-722	-21%	$30.06	2,659	14 Jun 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	-1,650	-49%	$0.000000	1,700	14 Jun 2024	Common Stock	1,650		Direct	F1, F3, F9
holding	STBA	Restricted Stock Units						335	14 Jun 2024	Common Stock	335		Direct	F3, F4
holding	STBA	Restricted Stock Units						1,419	14 Jun 2024	Common Stock	1,419		Direct	F3, F5
holding	STBA	Restricted Stock Units						2,273	14 Jun 2024	Common Stock	2,273		Direct	F3, F6, F7, 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 withheld upon vesting of Restricted Stock for payment of tax liability.
F3	Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
F4	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.
F5	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.
F6	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.
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.
F9	The Registrant awarded a special grant to the executive officer that will vest equally over the three successive anniversary dates of the grant date.