Chalkan Lisa 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 22, 2024
Insider Transaction Report
Form 4
Chalkan Lisa
EVP, Chief Credit Officer
Transactions
- Award
Phantom Stock
2024-03-20+2,112→ 2,112 total→ Common Stock (2,112 underlying) - Tax Payment
Common Stock
2024-03-20$23.92/sh−815$19,495→ 24,592 total - Award
Phantom Stock
2024-03-20+6,337→ 6,337 total→ Common Stock (6,337 underlying)
Holdings
- 495(indirect: By 401(k))
Common Stock
- 553
Restricted Stock Units
→ Common Stock (553 underlying) - 6,240
Restricted Stock Units
→ Common Stock (6,240 underlying) - 2,341
Phantom Stock
→ Common Stock (2,341 underlying) - 2,600
Restricted Stock Units
→ Common Stock (2,600 underlying)
Footnotes (9)
- [F1]Each share of phantom stock is the economic equivalent of one share of common stock.
- [F2]The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
- [F3]The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied.
- [F4]The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
- [F5]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- [F6]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.
- [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.