Stuart M. Vorcheimer - 09 Nov 2021 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Signature
Stuart M. Vorcheimer
Issuer symbol
PGC
Transactions as of
09 Nov 2021
Net transactions value
-$123,760
Form type
4
Filing time
10 Nov 2021, 13:43:22 UTC
Previous filing
24 Jun 2021
Next filing
15 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGC Common Stock Sale $123,760 -3,500 -45% $35.36 4,227 09 Nov 2021 Direct F1
holding PGC Common Stock 347 09 Nov 2021 401(k) F2
holding PGC Common Stock 565 09 Nov 2021 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
holding PGC Restricted Stock Units 1,856 09 Nov 2021 Common Stock 1,856 Direct F3, F4
holding PGC Restricted Stock Unit 15,210 09 Nov 2021 Common Stock 15,210 Direct F3, F5
* 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 Includes 401(k) contributions used to purchase PGC stock.
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 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.