S&T Bancorp Inc.

11/12/2024 | Press release | Distributed by Public on 11/12/2024 17:42

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Drahnak Stephen A.
2. Issuer Name and Ticker or Trading Symbol
S&T BANCORP INC [STBA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last) (First) (Middle)
800 PHILADELPHIA STREET
3. Date of Earliest Transaction (Month/Day/Year)
11/08/2024
(Street)
INDIANA, PA 15701
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/08/2024 F(1) 372 D $42.16 11,419.384 D
Common Stock 7,733.8528 I 401-k
Common Stock 8,986.335 D
Common Stock 3,111.777 I 401 K
Common Stock 293 I Child
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units(2) (3) (4) (5) Common Stock 2,292 2,292 D
Restricted Stock Units (3) (6) (6) Common Stock 710 710 D
Restricted Stock Units (3) (7) (7) Common Stock 1,452 1,452 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Drahnak Stephen A.
800 PHILADELPHIA STREET
INDIANA, PA 15701
Executive Vice President

Signatures

/s/ Susan L. Rager-Parr, attorney-in-fact for Stephen A. Drahnak 11/12/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Shares withheld upon vesting of Restricted Stock for payment of tax liability.
(2) 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.
(3) Each restricted stock unit represents a contingent right to receive one share of S&T Bancorp, Inc. common stock.
(4) 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.
(5) 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.
(6) 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.
(7) 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.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.