James Arvo Michie - 14 Jun 2023 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 2023
Net transactions value: +$27,079
Form type: 4
Filing time: 16 Jun 2023, 11:57:17 UTC
Previous filing: 04 Apr 2023
Next filing: 03 Apr 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	$48,147	+1,650	+717%	$29.18	1,880	14 Jun 2023	Direct	F1
transaction	STBA	Common Stock	Tax liability	$21,068	-722	-38%	$29.18	1,158	14 Jun 2023	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	-33%	$0.000000	3,350	14 Jun 2023	Common Stock	1,650		Direct	F1, F3, F4
holding	STBA	Restricted Stock Units						658	14 Jun 2023	Common Stock	658		Direct	F3, F5
holding	STBA	Restricted Stock Units						2,117	14 Jun 2023	Common Stock	2,117		Direct	F3, F6

* 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	Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
F4	The Registrant awarded a special grant to the executive officer that will vest equally over the three successive anniversary dates of the grant date.
F5	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.
F6	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.