Edward A. Gramigna Jr. - 27 Dec 2022 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role: Director
Signature: Edward A. Gramigna, Jr.
Issuer symbol: PGC
Transactions as of: 27 Dec 2022
Net transactions value: +$4.4
Form type: 4
Filing time: 29 Dec 2022, 13:57:39 UTC
Previous filing: 21 Mar 2022
Next filing: 21 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGC	Common Stock	Options Exercise	$36,700	+2,500	+37%	$14.68	9,242	27 Dec 2022	Direct	F1
transaction	PGC	Common Stock	Tax liability	$36,696	-995	-11%	$36.88	8,247	27 Dec 2022	Direct
holding	PGC	Common Stock						9,725	27 Dec 2022	Rabbi Trust	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
transaction	PGC	Stock Option (right to buy)	Options Exercise		-2,500	-100%		0	27 Dec 2022	Common Stock	2,500	$14.68	Direct	F5, F6
holding	PGC	Restricted Stock Units						2,802	27 Dec 2022	Common Stock	2,802		Direct	F3, F4

* 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	Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
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 two approximately equal installments on each of the first two anniversaries of the grant date.
F5	The options are exercisable in three equal annual installments on January 2, 2014, 2015 and 2016.
F6	Option grant has no purchase or sale price.