Frank J. Palermo Jr - 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 Frank J. Palermo, Jr.
Issuer symbol
STBA
Transactions as of
14 May 2024
Net transactions value
+$60,579
Form type
4
Filing time
16 May 2024, 16:03:47 UTC
Previous filing
09 Feb 2024
Next filing
30 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STBA Common Stock Options Exercise $60,579 +1,905 +9% $31.80 23,143 14 May 2024 Direct F1
holding STBA Common Stock 1,612 14 May 2024 Spouse IRA
holding STBA Common Stock 103 14 May 2024 Spouse TOD
holding STBA Common Stock 3,228 14 May 2024 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 -1,905 -100% $0.000000* 0 14 May 2024 Common Stock 1,905 Direct F1, F2, F3
transaction STBA Director Restricted Stock Units Award $0 +1,573 $0.000000 1,573 14 May 2024 Common Stock 1,573 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 issued on 05/16/2023 represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
F3 The restricted stock units vest in 364 days from 05/16/2023. Vested shares will be delivered to the reporting person upon vesting.
F4 Each restricted stock unit 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 date of issuance. Vested shares will be delivered to the reporting person upon vesting.