Robert A. Plante - 22 Jun 2021 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
22 Jun 2021
Net transactions value
-$3,456
Form type
4
Filing time
24 Jun 2021, 15:46:03 UTC
Next filing
23 Mar 2022
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 $3,456 -108 -4.7% $32.00 2,208 22 Jun 2021 Direct F1
holding PGC Common Stock 15,827 22 Jun 2021 Rabbi Trust F2
holding PGC Common Stock 209 22 Jun 2021 401(k) F3
holding PGC Common Stock 1,732 22 Jun 2021 Employee Stock Purchase Plan F4

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 3,277 22 Jun 2021 Common Stock 3,277 Direct F5, F6
holding PGC Restricted Stock Units 12,398 22 Jun 2021 Common Stock 12,398 Direct F5, F7
holding PGC Restricted Stock Units 17,048 22 Jun 2021 Common Stock 17,048 Direct F8, F9
* 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 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 Includes shares received through dividend reinvestment since the last filing.
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.
F7 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.
F8 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.
F9 The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.