Robert A. Plante - Jun 22, 2023 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role
EVP, Chief Operating Officer
Signature
Robert A. Plante
Stock symbol
PGC
Transactions as of
Jun 22, 2023
Transactions value $
-$2,974
Form type
4
Date filed
6/26/2023, 03:42 PM
Previous filing
May 1, 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 Tax liability -$2.97K -108 -2.54% $27.54 4.15K Jun 22, 2023 Direct F1
holding PGC Common Stock 41.2K Jun 22, 2023 Rabbi Trust F2
holding PGC Common Stock 212 Jun 22, 2023 401(k) F3
holding PGC Common Stock 2.52K Jun 22, 2023 Employee Stock Purchase Plan F4

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 16.6K Jun 22, 2023 Common Stock 16.6K Direct F5, F6
holding PGC Restricted Stock Units 18.1K Jun 22, 2023 Common Stock 18.1K Direct F7, F8
* 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 Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
F3 Includes 401(k) contributions used to purchase PGC stock.
F4 Includes shares received through dividend reinvestment since the last filing.
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 five approximately equal installments on each of the first five anniversaries of the grant date.
F7 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.
F8 The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.