Polley Malcolm Emerson 4
4 · S&T BANCORP INC · Filed Mar 21, 2012
Insider Transaction Report
Form 4
S&T BANCORP INCSTBA
Polley Malcolm Emerson
EXECUTIVE VICE PRESIDENT
Transactions
- Award
Common Stock
2012-03-19$22.34/sh+2,104$46,993→ 5,643 total
Holdings
- 2,124(indirect: 401 K)
Common Stock
- 8,000
Stock Options (Right to Buy)
Exercise: $37.85From: 2007-01-01Exp: 2015-12-19→ Common Stock (8,000 underlying) - 99(indirect: By Spouse)
Common Stock
Footnotes (1)
- [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.