Francesco S. Rossi - 20 Mar 2024 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role
SVP/Chief Accounting Officer
Signature
Francesco S. Rossi
Issuer symbol
PGC
Transactions as of
20 Mar 2024
Net transactions value
-$13,204
Form type
4
Filing time
22 Mar 2024, 17:43:26 UTC
Previous filing
18 Dec 2023
Next filing
17 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGC Common Stock Tax liability $13,204 -552 -12% $23.92 4,206 20 Mar 2024 Direct F1
holding PGC Common Stock 4,623 20 Mar 2024 Employee Stock Purchase Plan F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PGC Phantom Stock Award $0 +2,228 $0.000000 2,228 20 Mar 2024 Common Stock 2,228 Direct F2, F3
holding PGC Phantom Stock 1,068 20 Mar 2024 Common Stock 1,068 Direct F2, F4
holding PGC Restricted Stock Units 2,456 20 Mar 2024 Common Stock 2,456 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares received through dividend reinvestment since the last filing.
F2 Each share of phantom stock is the economic equivalent of one share of common stock.
F3 The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
F4 The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
F5 Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
F6 The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.