HAUCK EDWARD C 4
4 · S&T BANCORP INC · Filed Mar 23, 2011
Insider Transaction Report
Form 4
S&T BANCORP INCSTBA
HAUCK EDWARD C
SR EXECUTIVE VICE PRESIDENT
Transactions
- Award
Common Stock
2011-03-21$21.25/sh+3,060$65,010→ 8,430 total
Holdings
- 17,472(indirect: By 401(k))
Common Stock
- 11,000
Stock Options (Right to Buy)
Exercise: $37.85From: 2007-01-01Exp: 2015-12-19→ Common Stock (11,000 underlying) - 5,000
Stock Options (Right to Buy)
Exercise: $29.96From: 2005-01-01Exp: 2013-12-15→ Common Stock (5,000 underlying) - 11,000
Stock Options (Right to Buy)
Exercise: $37.08From: 2006-01-01Exp: 2014-12-20→ Common Stock (11,000 underlying)
Footnotes (1)
- [F1]On March 21, 2011, the Compensation and Benefits Committee of the Registrant's board of directors approved the grant of restricted stock under the S&T Bancorp, Inc. Long Term Incentive Plan. The actual number of shares granted and communicated to the recipient was determined based on the target incentive payout, which is 20% of the Reporting Person's base salary on the grant date, divided by the average of the high and low prices of S&T Bancorp, Inc. common stock on the grant date. One half of the shares will be earned based on remaining with S&T for three years. The other half will be earned based on S&T's Return on Average Equity performance over a three year period. In addition, shares will vest, subject to the restrictions of Section 30.10 of 31 C.F.R. Part 30, an interim final regulation promulgated by the United States Department of Treasury governing executive compensation for recipients of financial assistance under the Troubled Assets Relief Program.