Frank J. Palermo Jr - 15 May 2023 Form 4 Insider Report for S&T BANCORP INC (STBA)

Role
Director
Signature
/s/ Susan L. Rager-Parr, attorney-in-fact for Frank J. Palermo, Jr.
Issuer symbol
STBA
Transactions as of
15 May 2023
Net transactions value
+$48,420
Form type
4
Filing time
17 May 2023, 17:22:40 UTC
Previous filing
02 Feb 2023
Next filing
09 Feb 2024
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 $48,420 +1,832 +9.4% $26.43 21,238 15 May 2023 Direct F1
holding STBA Common Stock 1,545 15 May 2023 Spouse IRA
holding STBA Common Stock 103 15 May 2023 Spouse TOD
holding STBA Common Stock 3,094 15 May 2023 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 Director Restricted Stock Units Options Exercise $0 -1,832 -100% $0.000000* 0 15 May 2023 Common Stock 1,832 Direct F1, F2, F3
transaction STBA Director Restricted Stock Units Award $0 +1,905 $0.000000 1,905 16 May 2023 Common Stock 1,905 Direct F4, F5
* 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 Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
F3 The restricted stock units vest in one year from the date of issuance. Vested shares will be delivered to the reporting person upon vesting.
F4 Each restricted stock unit issued on 05/16/2023 represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
F5 The restricted stock units vest in 364 days from 05/16/2023. Vested shares will be delivered to the reporting person upon vesting.