4//SEC Filing
BABCOCK JOHN P 4
Accession 0000950170-24-098455
CIK 0001050743other
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 3:25 PM ET
Size
13.8 KB
Accession
0000950170-24-098455
Insider Transaction Report
Form 4
BABCOCK JOHN P
SEVP & Pres of Priv Wealth Mgt
Transactions
- Sale
Common Stock
2024-08-16$25.69/sh−5,000$128,450→ 62,155 total
Holdings
- 8,278
Phantom Stock
→ Common Stock (8,278 underlying) - 8,624
Phantom Stock
→ Common Stock (8,624 underlying) - 6,642.23(indirect: By 401(k))
Common Stock
- 17,132
Restricted Stock Units
→ Common Stock (17,132 underlying) - 30,543
Restricted Stock Units
→ Common Stock (30,543 underlying) - 12,418
Phantom Stock
→ Common Stock (12,418 underlying) - 47,925(indirect: By Trust)
Common Stock
Footnotes (11)
- [F1]Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
- [F10]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.
- [F11]The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied.
- [F2]Includes 401(k) contributions used to purchase PGC stock.
- [F3]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- [F4]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.
- [F5]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.
- [F6]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.
- [F7]Each share of phantom stock is the economic equivalent of one share of common stock.
- [F8]The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
- [F9]The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
Documents
Issuer
PEAPACK GLADSTONE FINANCIAL CORP
CIK 0001050743
Entity typeother
Related Parties
1- filerCIK 0001602623
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 3:25 PM ET
- Size
- 13.8 KB