Stuart Vorcheimer - Mar 11, 2022 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role
EVP, Comm & Ind Lndg
Signature
Stuart M. Vorcheimer
Stock symbol
PGC
Transactions as of
Mar 11, 2022
Transactions value $
-$7,146
Form type
4
Date filed
3/15/2022, 11:06 AM
Previous filing
Nov 10, 2021
Next filing
Mar 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGC Common Stock Tax liability -$7.15K -192 -4.05% $37.22 4.55K Mar 11, 2022 Direct F1, F2
holding PGC Common Stock 613 Mar 11, 2022 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
holding PGC Restricted Stock Units 1.86K Mar 11, 2022 Common Stock 1.86K Direct F3, F4
holding PGC Restricted Stock Unit 14.7K Mar 11, 2022 Common Stock 14.7K 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.