Francesco S. Rossi - Mar 20, 2024 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role: SVP/Chief Accounting Officer
Signature: Francesco S. Rossi
Stock symbol: PGC
Transactions as of: Mar 20, 2024
Transactions value $: -$13,204
Form type: 4
Date filed: 3/22/2024, 05:43 PM
Previous filing: Dec 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGC	Common Stock	Tax liability	-$13.2K	-552	-11.6%	$23.92	4.21K	Mar 20, 2024	Direct	F1
holding	PGC	Common Stock						4.62K	Mar 20, 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
transaction	PGC	Phantom Stock	Award	$0	+2.23K		$0.00	2.23K	Mar 20, 2024	Common Stock	2.23K		Direct	F2, F3
holding	PGC	Phantom Stock						1.07K	Mar 20, 2024	Common Stock	1.07K		Direct	F2, F4
holding	PGC	Restricted Stock Units						2.46K	Mar 20, 2024	Common Stock	2.46K		Direct	F5, F6

* 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 share of phantom stock is the economic equivalent of one share of common stock.
F3	The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
F4	The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
F5	Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
F6	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.