Robert A. Plante - Mar 20, 2024 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
Mar 20, 2024
Transactions value $
$0
Form type
4
Date filed
3/22/2024, 05:45 PM
Previous filing
Jun 26, 2023
Next filing
Mar 24, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PGC Common Stock 4.16K Mar 20, 2024 Direct F1
holding PGC Common Stock 43.5K Mar 20, 2024 Rabbi Trust F2
holding PGC Common Stock 213 Mar 20, 2024 401(k) F3
holding PGC Common Stock 2.93K 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 +3.25K $0.00 3.25K Mar 20, 2024 Common Stock 3.25K Direct F4, F5
transaction PGC Phantom Stock Award $0 +4.88K $0.00 4.88K Mar 20, 2024 Common Stock 4.88K Direct F6, F7
holding PGC Phantom Stock 3.75K Mar 20, 2024 Common Stock 3.75K Direct F4, F8
holding PGC Restricted Stock Units 7.76K Mar 20, 2024 Common Stock 7.76K Direct F9, F10
holding PGC Restricted Stock Units 13.8K Mar 20, 2024 Common Stock 13.8K Direct F11, F12
* 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 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 Each share of phantom stock is the economic equivalent of one share of common stock.
F5 The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
F6 Each share of phantom stock represents the right to receive the economic equivalent of one share of common stock subject to certain perfomance conditions. The phantom stock will cliff vest , after three years, if the conditions are met.
F7 The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied.
F8 The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
F9 Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
F10 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.
F11 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.
F12 The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.