Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PGC | Common Stock | Tax liability | -$271K | -8.75K | -6.37% | $30.96 | 129K | Mar 20, 2023 | Direct | F1 |
holding | PGC | Common Stock | 1.27K | Mar 20, 2023 | 401(k) | F2 | |||||
holding | PGC | Common Stock | 8.66K | Mar 20, 2023 | Employee Stock Purchase Plan | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PGC | Restricted Stock Units | Award | $0 | +8.26K | +47.28% | $0.00 | 25.7K | Mar 20, 2023 | Common Stock | 8.26K | Direct | F4, F6 | |
transaction | PGC | Restricted Stock Units | Award | $0 | +12.4K | +79.52% | $0.00 | 28K | Mar 20, 2023 | Common Stock | 12.4K | Direct | F7, F8 | |
holding | PGC | Restricted Stock Units | 336 | Mar 20, 2023 | Common Stock | 336 | Direct | F4, F5 |
Id | Content |
---|---|
F1 | Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units. |
F2 | Includes 401(k) contributions used to purchase PGC stock. |
F3 | Includes shares received through dividend reinvestment since the last filing. |
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. |
F7 | Each restricted stock unit represents the right to receive one share of common stock of Peapack-Gladstone Financial Corporation subject to certain performance conditions. The units will cliff vest, after three years, if the conditions are met. |
F8 | The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied. |