Susan A. Nicholson - 29 Jul 2024 Form 4 Insider Report for S&T BANCORP INC (STBA)

Signature
/s/ Susan L. Rager-Parr, attorney-in-fact for Susan A. Nicholson
Issuer symbol
STBA
Transactions as of
29 Jul 2024
Transactions value $
$132,960
Form type
4
Filing time
31 Jul 2024, 12:13:25 UTC
Previous filing
03 Apr 2024
Next filing
04 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding STBA Common Stock 3,148 29 Jul 2024 Direct

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 Award $132,960 +3,000 $44.32 3,000 29 Jul 2024 Common Stock 3,000 Direct F2, F7
holding STBA Restricted Stock Units 2,073 29 Jul 2024 Common Stock 2,073 Direct F1, F2, F3, F4
holding STBA Restricted Stock Units 564 29 Jul 2024 Common Stock 564 Direct F2, F5
holding STBA Restricted Stock Units 1,294 29 Jul 2024 Common Stock 1,294 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Correction to the name of the award. It is not a Director's award, but officer award. All other aspects of the award, including date of award, number of shares, and vesting remain unchanged.
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 three equal annual installments beginning April 1, 2025. Vested shares will be delivered to the reporting person upon vesting.
F4 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.
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 Registrant awarded a special grant to the executive officer that will vest equally over the three successive anniversary dates of the grant date.