Bhaskar Ramachandran - 14 May 2024 Form 4 Insider Report for S&T BANCORP INC (STBA)

Role
Director
Signature
/s/ Susan L. Rager-Parr, attorney-in-fact for Bhaskar Ramachandran
Issuer symbol
STBA
Transactions as of
14 May 2024
Transactions value $
$15,487
Form type
4
Filing time
16 May 2024, 16:00:36 UTC
Previous filing
26 Jan 2024
Next filing
13 Feb 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 $15.5K +487 $31.80 487 14 May 2024 Direct F1

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 -487 -100% $0.00* 0 14 May 2024 Common Stock 487 Direct F1, F2, F3
transaction STBA Director Restricted Stock Units Award $0 +1.57K $0.00 1.57K 14 May 2024 Common Stock 1.57K Direct F2, 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 Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
F3 The Registrant awarded a grant to the new director appointed on January 24, 2024. The restricted stock units will vest on May 14, 2024. Vested shares will be delivered to the reporting person upon vesting.
F4 The restricted stock units vest in 364 days from date of issuance. Vested shares will be delivered to the reporting person upon vesting.