S&T BANCORP INC 4
4 · S&T BANCORP INC · Filed Mar 23, 2016
Insider Transaction Report
Form 4
S&T BANCORP INCSTBA
Polley Malcolm Emerson
EXECUTIVE VICE PRESIDENT
Transactions
- Award
Common Stock
2016-03-21$25.65/sh+2,612$66,998→ 8,101 total
Holdings
- 3,981.194(indirect: 401 K)
Common Stock
- 99(indirect: By Spouse)
Common Stock
Footnotes (1)
- [F1]On March 21, 2016, the Compensation and Benefits Committee of the Registrant's board of directors approved the grant of restricted stock under the S&T Bancorp, Inc. 2014 Incentive Plan for an incentive under the 2016 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 as a percentage 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 over the 10-day trading period ending 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 and Cumulative Total Shareholder Return performance over a three year period.