Stuart Vorcheimer - Jun 22, 2021 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Signature
Stuart M. Vorcheimer
Stock symbol
PGC
Transactions as of
Jun 22, 2021
Transactions value $
-$2,432
Form type
4
Date filed
6/24/2021, 04:18 PM
Next filing
Nov 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGC Common Stock Tax liability -$2.43K -76 -0.98% $32.00 7.72K Jun 22, 2021 Direct F1, F2
holding PGC Common Stock 347 Jun 22, 2021 401(k) F3
holding PGC Common Stock 536 Jun 22, 2021 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 1.86K Jun 22, 2021 Common Stock 1.86K Direct F4, F5
holding PGC Restricted Stock Unit 15.2K Jun 22, 2021 Common Stock 15.2K Direct F4, F6
* 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 Includes 401(k) contributions used to purchase PGC stock.
F4 Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
F5 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.
F6 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.