Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PGC | Common Stock | Sale | -$181K | -6K | -8.42% | $30.20 | 65.2K | Jun 7, 2023 | Direct | |
holding | PGC | Common Stock | 45.5K | Jun 7, 2023 | Rabbi Trust | F1 | |||||
holding | PGC | Common Stock | 6.59K | Jun 7, 2023 | 401(k) | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | PGC | Restricted Stock Unit | 487 | Jun 7, 2023 | Common Stock | 487 | Direct | F3, F4 | ||||||
holding | PGC | Restricted Stock Unit | 37.3K | Jun 7, 2023 | Common Stock | 37.3K | Direct | F3, F5 | ||||||
holding | PGC | Restricted Stock Unit | 40.5K | Jun 7, 2023 | Common Stock | 40.5K | Direct | F6, F7 |
Id | Content |
---|---|
F1 | Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan. |
F2 | Includes 401(k) contributions used to purchase PGC stock. |
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. |
F6 | 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. |
F7 | The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied. |