Jeffrey J. Carfora - May 3, 2022 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role
SEVP & Chief Financial Officer
Signature
Jeffrey J. Carfora
Stock symbol
PGC
Transactions as of
May 3, 2022
Transactions value $
$30,939
Form type
4
Date filed
5/4/2022, 02:21 PM
Previous filing
Mar 23, 2022
Next filing
Jun 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGC Common Stock Purchase $30.9K +1K +0.91% $30.94 110K May 3, 2022 Direct
holding PGC Common Stock 1.27K May 3, 2022 401(k) F1
holding PGC Common Stock 7.93K May 3, 2022 Employee Stock Purchase Plan

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 672 May 3, 2022 Common Stock 672 Direct F2, F3
holding PGC Restricted Stock Units 23.8K May 3, 2022 Common Stock 23.8K Direct F2, F4
holding PGC Restricted Stock Units 31.5K May 3, 2022 Common Stock 31.5K Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 401(k) contributions used to purchase PGC stock.
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 three approximately equal installments on each of the first three anniversaries of the grant date.
F4 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.
F5 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.
F6 The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.