Gregory M. Smith - Jan 30, 2024 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role
SEVP, President Comml Banking
Signature
Gregory M. Smith
Stock symbol
PGC
Transactions as of
Jan 30, 2024
Transactions value $
-$135,078
Form type
4
Date filed
1/30/2024, 03:33 PM
Previous filing
Jun 26, 2023
Next filing
Mar 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGC Common Stock Sale -$135K -4.5K -22.27% $30.02 15.7K Jan 30, 2024 Direct F1
holding PGC Common Stock 0.937 Jan 30, 2024 Employee Stock Purchase Plan F1

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
holding PGC Restricted Stock Units 27.5K Jan 30, 2024 Common Stock 27.5K Direct F2, F3
holding PGC Restricted Stock Units 23.3K Jan 30, 2024 Common Stock 23.3K Direct F4, F5
* 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 Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
F3 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.
F4 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.
F5 The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.