JEFFREY D. GRUBE - 26 Jul 2022 Form 4 Insider Report for S&T BANCORP INC (STBA)

Role
Director
Signature
/s/ Timothy P. McKee P.O.A. for Jeffrey D. Grube
Issuer symbol
STBA
Transactions as of
26 Jul 2022
Transactions value $
$0
Form type
4
Filing time
27 Jul 2022, 17:30:02 UTC
Previous filing
18 May 2022
Next filing
01 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STBA Common Stock Other $0 -1,685 -50% $0 1,685 26 Jul 2022 Grube Family 2018 Irrevocable Trust F1
transaction STBA Common Stock Other $0 +1,685 +5.03% $0 35,175 26 Jul 2022 Direct F2
transaction STBA Common Stock Other $0 -1,685 -100% $0* 0 26 Jul 2022 Grube Family 2018 Irrevocable Trust 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
holding STBA Director Restricted Stock Units 1,832 26 Jul 2022 Common Stock 1,832 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is trustee of the Grube Family 2018 Irrevocable Trust. On July 26, 2022, the reporting person caused the trust to distribute the shares of S&T Common Stock to the beneficiaries.
F2 The reporting person is trustee of the Grube Family 2018 Irrevocable Trust. On July 26, 2022, the reporting person caused the trust to distribute 1,685 shares of S&T Common Stock to each of the two beneficiaries. Mr. Grube was one of the two beneficiaries, so his ownership interest in the shares as a result of the distribution is now a direct interest.
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 one year from the date of issuance. Vested shares will be delivered to the reporting person upon vesting.