Francesco S. Rossi - 20 Mar 2023 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role: SVP/Chief Accounting Officer
Signature: Francesco S. Rossi
Issuer symbol: PGC
Transactions as of: 20 Mar 2023
Net transactions value: -$20,465
Form type: 4
Filing time: 22 Mar 2023, 16:54:37 UTC
Previous filing: 14 Dec 2022
Next filing: 26 Jun 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	Tax liability	$20,465	-661	-17%	$30.96	3,125	20 Mar 2023	Direct	F1, F2
holding	PGC	Common Stock						3,558	20 Mar 2023	Employee Stock Purchase Plan	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	Restricted Stock Units	Award	$0	+2,288	+112%	$0.000000	4,327	20 Mar 2023	Common Stock	2,288		Direct	F3, F4
holding	PGC	Restricted Stock Units						1,878	20 Mar 2023	Common Stock	1,878		Direct	F3, 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	Includes shares received through dividend reinvestment since the last filing.
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 three approximately equal installments on each of the first three anniversaries of the grant date.
F5	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.