Robert A. Plante - 20 Mar 2024 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role
EVP, Chief Operating Officer
Signature
Robert A. Plante
Issuer symbol
PGC
Transactions as of
20 Mar 2024
Net transactions value
$0
Form type
4
Filing time
22 Mar 2024, 17:45:46 UTC
Previous filing
26 Jun 2023
Next filing
24 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PGC Common Stock 4,156 20 Mar 2024 Direct F1
holding PGC Common Stock 43,455 20 Mar 2024 Rabbi Trust F2
holding PGC Common Stock 213 20 Mar 2024 401(k) F3
holding PGC Common Stock 2,929 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 +3,253 $0.000000 3,253 20 Mar 2024 Common Stock 3,253 Direct F4, F5
transaction PGC Phantom Stock Award $0 +4,879 $0.000000 4,879 20 Mar 2024 Common Stock 4,879 Direct F6, F7
holding PGC Phantom Stock 3,746 20 Mar 2024 Common Stock 3,746 Direct F4, F8
holding PGC Restricted Stock Units 7,762 20 Mar 2024 Common Stock 7,762 Direct F9, F10
holding PGC Restricted Stock Units 13,837 20 Mar 2024 Common Stock 13,837 Direct F11, F12
* 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 Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
F3 Includes 401(k) contributions used to purchase PGC stock.
F4 Each share of phantom stock is the economic equivalent of one share of common stock.
F5 The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
F6 Each share of phantom stock represents the right to receive the economic equivalent of one share of common stock subject to certain perfomance conditions. The phantom stock will cliff vest , after three years, if the conditions are met.
F7 The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied.
F8 The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
F9 Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
F10 The restricted stock units vest and settle in stock in five approximately equal installments on each of the first five anniversaries of the grant date.
F11 Each restricted stock unit represents the right to receive one share of common stock of Peapack-Gladstone Financial Corporation subject to certain performance conditions. The units will cliff vest, after three years, if the conditions are met.
F12 The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.