Rachel Lynn Smydo - 23 Sep 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 Rachel Lynn Smydo
Issuer symbol
STBA
Transactions as of
23 Sep 2024
Net transactions value
+$75,668
Form type
4
Filing time
25 Sep 2024, 17:10:31 UTC
Previous filing
03 Apr 2024
Next filing
04 Apr 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 $106,227 +2,475 +93% $42.92 5,137 23 Sep 2024 Direct F1, F2, F3
transaction STBA Common Stock Tax liability $30,559 -712 -14% $42.92 4,425 23 Sep 2024 Direct F4

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 -2,475 -49% 2,550 23 Sep 2024 Common Stock 2,475 Direct F1, F2, F3
holding STBA Restricted Stock Units 2,118 23 Sep 2024 Common Stock 2,118 Direct F3, F5, F6
holding STBA Restricted Stock Units 320 23 Sep 2024 Common Stock 320 Direct F3, F7
holding STBA Restricted Stock Units 1,307 23 Sep 2024 Common Stock 1,307 Direct F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Registrant awarded a special grant to the executive officer that will vest equally over the three successive anniversary dates of the grant date.
F2 Upon vest, automatically converts into equal number of shares of common stock.
F3 Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
F4 Shares of common stock withheld for payment of tax liability for vested and converted RSU's.
F5 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.
F6 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.
F7 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.
F8 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.