James Arvo Michie - 01 Apr 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: 01 Apr 2024
Net transactions value: +$18,273
Form type: 4
Filing time: 03 Apr 2024, 18:34:20 UTC
Previous filing: 16 Jun 2023
Next filing: 17 Jun 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	$10,300	+323	+28%	$31.89	1,481	01 Apr 2024	Direct	F1
transaction	STBA	Common Stock	Tax liability	$4,528	-142	-9.6%	$31.89	1,339	01 Apr 2024	Direct	F2
transaction	STBA	Common Stock	Options Exercise	$22,259	+698	+52%	$31.89	2,037	01 Apr 2024	Direct	F1
transaction	STBA	Common Stock	Tax liability	$9,758	-306	-15%	$31.89	1,731	01 Apr 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	-323	-49%	$0.000000	335	01 Apr 2024	Common Stock	323		Direct	F1, F3, F5
transaction	STBA	Restricted Stock Units	Options Exercise	$0	-698	-33%	$0.000000	1,419	01 Apr 2024	Common Stock	698		Direct	F1, F3, F6
transaction	STBA	Director Restricted Stock Units	Award	$0	+2,273		$0.000000	2,273	01 Apr 2024	Common Stock	2,273		Direct	F3, F7, F8
holding	STBA	Restricted Stock Units						3,350	01 Apr 2024	Common Stock	3,350		Direct	F3, F4

* 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.
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.