Maureen Hemhauser - Mar 20, 2023 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role: EVP & Chief Risk Officer
Signature: Maureen Hemhauser
Stock symbol: PGC
Transactions as of: Mar 20, 2023
Transactions value $: -$6,440
Form type: 4
Date filed: 3/22/2023, 04:41 PM
Previous filing: Jun 23, 2022
Next filing: Jun 26, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGC	Common Stock	Tax liability	-$6.44K	-208	-5.67%	$30.96	3.46K	Mar 20, 2023	Direct	F1
holding	PGC	Common Stock						2.26K	Mar 20, 2023	Rabbi Trust	F2
holding	PGC	Common Stock						447	Mar 20, 2023	401(k)	F3

Showing 1 to 3 of 3 entries

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	Restricted Stock Units	Award	$0	+6.16K	+89.83%	$0.00	13K	Mar 20, 2023	Common Stock	6.16K		Direct	F4, F6
transaction	PGC	Restricted Stock Units	Award	$0	+2.05K	+77.04%	$0.00	4.72K	Mar 20, 2023	Common Stock	2.05K		Direct	F7, F8
holding	PGC	Restricted Stock Units						210	Mar 20, 2023	Common Stock	210		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
F2	Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
F3	Includes 401(k) contributions used to purchase PGC stock.
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.