Werner Robert E III 4
4 · S&T BANCORP INC · Filed Mar 21, 2012
Insider Transaction Report
Form 4
S&T BANCORP INCSTBA
Werner Robert E III
Executive Vice President
Transactions
- Award
Common Stock
2012-03-19$22.34/sh+1,388$31,001→ 1,955 total
Holdings
- 778
Common Stock
- 6,500
Stock Options (Right to Buy)
Exercise: $37.08From: 2006-01-01Exp: 2014-12-20→ Common Stock (6,500 underlying) - 11,237.643(indirect: 401 K)
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.