Todd Poland - Aug 2, 2021 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role
EVP, General Counsel
Signature
Todd Poland
Stock symbol
PGC
Transactions as of
Aug 2, 2021
Transactions value $
$32,310
Form type
4
Date filed
8/2/2021, 03:42 PM
Previous filing
Jun 24, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGC Common Stock Purchase $32.3K +1K +645.16% $32.31 1.16K Aug 2, 2021 Direct
holding PGC Common Stock 3.83K Aug 2, 2021 Rabbi Trust F1
holding PGC Common Stock 1.41K Aug 2, 2021 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 1.47K Aug 2, 2021 Common Stock 1.47K Direct F3, F4
holding PGC Restricted Stock Units 11.2K Aug 2, 2021 Common Stock 11.2K Direct F3, F5
holding PGC Restricted Stock Units 5.35K Aug 2, 2021 Common Stock 5.35K Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
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.
F6 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.
F7 The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.