Smith Gregory Martin 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Jan 31, 2025
Insider Transaction Report
Form 4
Smith Gregory Martin
SEVP, President Comml Banking
Transactions
- Sale
Common Stock
2025-01-30$31.95/sh−17,633$563,293→ 297.276 total
Holdings
- 5,402
Phantom Stock
→ Common Stock (5,402 underlying) - 8,103
Phantom Stock
→ Common Stock (8,103 underlying) - 19,548
Restricted Stock Units
→ Common Stock (19,548 underlying) - 4,434
Phantom Stock
→ Common Stock (4,434 underlying) - 10,951
Restricted Stock Units
→ Common Stock (10,951 underlying)
Footnotes (10)
- [F1]Includes shares received through dividend reinvestment since the last filing.
- [F10]The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- [F3]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.
- [F4]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.
- [F5]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.
- [F6]Each share of phantom stock is the economic equivalent of one share of common stock.
- [F7]The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
- [F8]The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
- [F9]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.