Peter D Horst - 23 May 2022 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role
Director
Signature
Peter D. Horst
Issuer symbol
PGC
Transactions as of
23 May 2022
Net transactions value
+$78,732
Form type
4
Filing time
24 May 2022, 13:06:08 UTC
Previous filing
21 Mar 2022
Next filing
21 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGC Common Stock Purchase $78,732 +2,500 +30% $31.49 10,848 23 May 2022 Direct
holding PGC Common Stock 717 23 May 2022 Rabbi Trust 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 1,939 23 May 2022 Common Stock 1,939 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
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.