Smith Gregory Martin 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Jan 30, 2024
Insider Transaction Report
Form 4
Smith Gregory Martin
SEVP, President Comml Banking
Transactions
- Sale
Common Stock
2024-01-30$30.02/sh−4,500$135,078→ 15,702.748 total
Holdings
- 27,517
Restricted Stock Units
→ Common Stock (27,517 underlying) - 23,310
Restricted Stock Units
→ Common Stock (23,310 underlying) - 0.937(indirect: Employee Stock Purchase Plan)
Common Stock
Footnotes (5)
- [F1]Includes shares received through dividend reinvestment since the last filing.
- [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 five approximately equal installments on each of the first five anniversaries of the grant date.
- [F4]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.
- [F5]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.