4//SEC Filing
HIEB WILLIAM J 4
Accession 0001127602-19-034188
CIK 0000719220other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 6:51 PM ET
Size
10.3 KB
Accession
0001127602-19-034188
Insider Transaction Report
Form 4
S&T BANCORP INCSTBA
HIEB WILLIAM J
Director
Transactions
- Tax Payment
Common Stock
2019-12-01$37.72/sh−826$31,157→ 33,031 total - Other
Common Stock
2019-12-01$37.72/sh+30,197$1,139,031→ 30,197 total - Other
Common Stock
2019-12-01$37.72/sh+19,660$741,575→ 19,660 total(indirect: 401-k) - Other
Common Stock
2019-12-01$37.72/sh+3,660$138,055→ 33,857 total
Holdings
- 0
Common Stock
Footnotes (3)
- [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.
- [F3]Shares the Issuer's common stock forfeited for payment of tax liability on compensation due to the restricted stock unit awards vesting in footnote 2. S&T had a market value of $37.72 per share on the effective time of the Merger, which value was used for calculating the number of shares to forfeit.
Documents
Issuer
S&T BANCORP INC
CIK 0000719220
Entity typeother
Related Parties
1- filerCIK 0001252518
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 6:51 PM ET
- Size
- 10.3 KB