Vorcheimer Stuart M. 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 22, 2024
Insider Transaction Report
Form 4
Vorcheimer Stuart M.
EVP, Comm & Ind Lndg
Transactions
- Award
Phantom Stock
2024-03-20+7,135→ 7,135 total→ Common Stock (7,135 underlying) - Tax Payment
Common Stock
2024-03-20$23.92/sh−1,008$24,111→ 6,812.923 total - Award
Phantom Stock
2024-03-20+2,378→ 2,378 total→ Common Stock (2,378 underlying)
Holdings
- 10,875
Restricted Stock Units
→ Common Stock (10,875 underlying) - 5,097
Restricted Stock Units
→ Common Stock (5,097 underlying) - 4,116
Phantom Stock
→ Common Stock (4,116 underlying) - 871.713(indirect: Employee Stock Purchase Plan)
Common Stock
Footnotes (10)
- [F1]Includes shares received through dividend reinvestment since the last filing.
- [F10]The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
- [F2]Each share of phantom stock is the economic equivalent of one share of common stock.
- [F3]The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
- [F4]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.
- [F5]The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied.
- [F6]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- [F7]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.
- [F8]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.
- [F9]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.