Vorcheimer Stuart M. 4

4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed May 22, 2024

Form 4

Period: 2024-05-21

EVP, Comm & Ind Lndg

Transactions

Holdings

Restricted Stock Units
→ Common Stock (5,097 underlying)
5,097
Restricted Stock Units
→ Common Stock (10,875 underlying)
10,875
Phantom Stock
→ Common Stock (7,135 underlying)
7,135
Phantom Stock
→ Common Stock (4,116 underlying)
4,116
Common Stock
(indirect: Employee Stock Purchase Plan)
890.182
Phantom Stock
→ Common Stock (2,378 underlying)
2,378

Footnotes (8)

[F1]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
[F2]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.
[F3]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.
[F4]Each share of phantom stock is the economic equivalent of one share of common stock.
[F5]The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
[F6]The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
[F7]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.
[F8]The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied.

Documents

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