4//SEC Filing
BABCOCK JOHN P 4
Accession 0000950170-24-035542
CIK 0001050743other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 6:17 PM ET
Size
15.6 KB
Accession
0000950170-24-035542
Insider Transaction Report
Form 4
BABCOCK JOHN P
SEVP & Pres of Priv Wealth Mgt
Transactions
- Award
Phantom Stock
2024-03-20+8,278→ 8,278 total→ Common Stock (8,278 underlying) - Tax Payment
Common Stock
2024-03-20$23.92/sh−810$19,375→ 67,155 total - Award
Phantom Stock
2024-03-20+12,418→ 12,418 total→ Common Stock (12,418 underlying)
Holdings
- 6,630.13(indirect: By 401(k))
Common Stock
- 8,624
Phantom Stock
→ Common Stock (8,624 underlying) - 30,543
Restricted Stock Units
→ Common Stock (30,543 underlying) - 47,925(indirect: By Trust)
Common Stock
- 17,132
Restricted Stock Units
→ Common Stock (17,132 underlying)
Footnotes (12)
- [F1]Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
- [F10]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.
- [F11]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.
- [F12]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.
- [F2]Includes 401(k) contributions used to purchase PGC stock.
- [F3]Each share of phantom stock is the economic equivalent of one share of common stock.
- [F4]The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
- [F5]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.
- [F6]The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied.
- [F7]The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
- [F8]The phantom stock will cliff vest, after three years, if certain performance conditions are met.
- [F9]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
Documents
Issuer
PEAPACK GLADSTONE FINANCIAL CORP
CIK 0001050743
Entity typeother
Related Parties
1- filerCIK 0001602623
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 6:17 PM ET
- Size
- 15.6 KB