Smith Gregory Martin 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 22, 2024
Insider Transaction Report
Form 4
Smith Gregory Martin
SEVP, President Comml Banking
Transactions
- Tax Payment
Common Stock
2024-03-20$23.92/sh−1,032$24,685→ 17,833.873 total - Award
Phantom Stock
2024-03-20+8,103→ 8,103 total→ Common Stock (8,103 underlying) - Award
Phantom Stock
2024-03-20+5,402→ 5,402 total→ Common Stock (5,402 underlying)
Holdings
- 10,951
Restricted Stock Units
→ Common Stock (10,951 underlying) - 9,759
Phantom Stock
→ Common Stock (9,759 underlying) - 0.94(indirect: Employee Stock Purchase Plan)
Common Stock
- 19,548
Restricted Stock Units
→ Common Stock (19,548 underlying)
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.