F. D. Meyercord - Dec 13, 2021 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role
Director
Signature
F. Duffield Meyercord
Stock symbol
PGC
Transactions as of
Dec 13, 2021
Transactions value $
$26,800
Form type
4
Date filed
12/23/2021, 11:02 AM
Next filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGC Common Stock Options Exercise $26.8K +2.5K +2.4% $10.72 107K Dec 13, 2021 Direct 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
transaction PGC Stock Option (right to buy) Options Exercise -2.5K -100% 0 Dec 13, 2021 Common Stock 2.5K $10.72 Direct F4, F5
holding PGC Restricted Stock Units 10.4K Dec 13, 2021 Common Stock 10.4K Direct F2, F3
holding PGC Stock Option (right to buy) 2.5K Dec 13, 2021 Common Stock 2.5K $14.68 Direct F6
* 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 Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
F3 The restricted stock units vest and settle in stock in two approximately equal installments on each of the first two anniversaries of the grant date.
F4 The options are exercisable in four equal annual installments on January 3, 2013, 2014, 2015 and 2016.
F5 Option grant has no purchase or sale price.
F6 The options are exercisable in three equal annual installments on January 2, 2014, 2015 and 2016.