S&T BANCORP INC 4
4 · S&T BANCORP INC · Filed Mar 21, 2017
Insider Transaction Report
Form 4
S&T BANCORP INCSTBA
SPOSITO THOMAS J II
Sr Executive Vice President
Transactions
- Award
Common Stock
2017-03-20$35.57/sh+3,101$110,303→ 25,786 total
Holdings
- 1,799.133(indirect: 401-K)
Common Stock
Footnotes (1)
- [F1]On March 20, 2017, 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 2017 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.