Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PGC | Common Stock | Tax liability | -$14.3K | -597 | -8.01% | $23.92 | 6.86K | Mar 20, 2024 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PGC | Phantom Stock | Award | $0 | +4.39K | $0.00 | 4.39K | Mar 20, 2024 | Common Stock | 4.39K | Direct | F1, F2 | ||
transaction | PGC | Phantom Stock | Award | $0 | +6.58K | $0.00 | 6.58K | Mar 20, 2024 | Common Stock | 6.58K | Direct | F3, F4 | ||
holding | PGC | Restricted Stock Units | 3.23K | Mar 20, 2024 | Common Stock | 3.23K | Direct | F5, F6 |
Id | Content |
---|---|
F1 | Each share of phantom stock is the economic equivalent of one share of common stock. |
F2 | The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date. |
F3 | 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. |
F4 | The phantom stock will cliff vest, after three years, if certain performance conditions are met. |
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. |