Barsz Peter Richard 4
4 · S&T BANCORP INC · Filed Dec 3, 2019
Insider Transaction Report
Form 4
S&T BANCORP INCSTBA
Barsz Peter Richard
Director
Transactions
- Other
Common Stock
2019-12-01$37.72/sh+3,462$130,587→ 3,462 total - Other
Common Stock
2019-12-01$37.72/sh+610$23,009→ 4,072 total
Holdings
- 0
Common Stock
Footnotes (2)
- [F1]Acquired pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and between the Issuer and DNB Financial Corporation ("DNB"). Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each share of DNB common stock was converted into 1.22 shares of the Issuer's common stock. Cash in lieu of fractional shares was paid at a rate of $38.09 per share.
- [F2]Restricted stock unit awarded by DNB vested in full, all restrictions thereon lapsed, at the effective time of the Merger. Each such award was converted into the right to receive 1.22 shares of the Issuer's common stock as described in footnote 1. S&T had a market value of $37.72 per share on the effective time of the Merger.