4//SEC Filing
KENNEDY DOUGLAS L 4
Accession 0000950170-25-040933
CIK 0001050743other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 12:43 PM ET
Size
15.0 KB
Accession
0000950170-25-040933
Insider Transaction Report
Form 4
KENNEDY DOUGLAS L
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
2025-03-17$28.91/sh−20,000$578,142→ 43,702.749 total
Holdings
- 10,321
Phantom Stock
→ Common Stock (10,321 underlying) - 25,004
Restricted Stock Units
→ Common Stock (25,004 underlying) - 12,171
Phantom Stock
→ Common Stock (12,171 underlying) - 10,077.444(indirect: Employee Stock Purchase Plan)
Common Stock
- 156,630(indirect: By Trust)
Common Stock
- 18,493(indirect: By 401(k))
Common Stock
- 15,482
Phantom Stock
→ Common Stock (15,482 underlying) - 44,582
Restricted Stock Units
→ Common Stock (44,582 underlying)
Footnotes (13)
- [F1]The sale of common stock reflected in this Form 4 was pursuant to a Rule 10b-5 trading plan dated November 22, 2024.
- [F10]The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
- [F11]The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
- [F12]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.
- [F13]The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied.
- [F2]Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
- [F3]Includes 401(k) contributions used to purchase PGC stock.
- [F4]Includes shares received through dividend reinvestment since the last filing.
- [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 five approximately equal installments on each of the first five anniversaries of the grant date.
- [F7]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.
- [F8]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.
- [F9]Each share of phantom stock is the economic equivalent of one share of common stock.
Documents
Issuer
PEAPACK GLADSTONE FINANCIAL CORP
CIK 0001050743
Entity typeother
Related Parties
1- filerCIK 0001560350
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 12:43 PM ET
- Size
- 15.0 KB