HAUCK EDWARD C 4
4 · S&T BANCORP INC · Filed Mar 21, 2012
Insider Transaction Report
Form 4
S&T BANCORP INCSTBA
HAUCK EDWARD C
SR EXECUTIVE VICE PRESIDENT
Transactions
- Award
Common Stock
2012-03-19$22.34/sh+3,268$72,991→ 11,698 total - Award
Common Stock
2012-03-19$22.34/sh+2,156$48,154→ 13,854 total
Holdings
- 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) - 18,036.97(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]On March 19, 2012, the Compensaton and Benefits Committee of the Registrant's board of directors approved the grant of restricted stock under the S&T Bancorp, Inc. 2003 Incentive Stock Plan for an incentive under the S&T Bancorp, Inc. Long Term Incentive Plan. The actual number of shares granted and communicated to the Reporting Person 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.
- [F2]On March 19, 2012, the Compensation and Benefits Committee of the Registrant's board of directors approved the grant of restricted stock under the S&T Bancorp, Inc. 2003 Incentive Stock Plan, due to the achievement of the Registrant's corporate performance goals and the Reporting Person's individual performance goals under the S&T Management Incentive Plan for 2011. Shares will vest 100% on March 19, 2014.