Francesco S. Rossi - Dec 13, 2024 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Signature
Francesco S. Rossi
Stock symbol
PGC
Transactions as of
Dec 13, 2024
Transactions value $
-$5,907
Form type
4
Date filed
12/17/2024, 11:42 AM
Previous filing
Mar 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGC Common Stock Tax liability -$5.91K -167 -3.58% $35.37 4.49K Dec 13, 2024 Direct F1, F2
holding PGC Common Stock 4.94K Dec 13, 2024 Employee Stock Purchase Plan F2

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
holding PGC Restricted Stock Units 2.02K Dec 13, 2024 Common Stock 2.02K Direct F3, F4
holding PGC Phantom Stock 2.23K Dec 13, 2024 Common Stock 2.23K Direct F5, F6
holding PGC Phantom Stock 1.07K Dec 13, 2024 Common Stock 1.07K Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
F2 Includes shares received through dividend reinvestment since the last filing.
F3 Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
F4 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.
F5 Each share of phantom stock is the economic equivalent of one share of common stock.
F6 The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
F7 The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.