4//SEC Filing
BABCOCK JOHN P 4
Accession 0000950170-25-043576
CIK 0001050743other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 11:46 AM ET
Size
17.0 KB
Accession
0000950170-25-043576
Insider Transaction Report
Form 4
BABCOCK JOHN P
SEVP & Pres of Priv Wealth Mgt
Transactions
- Award
Restricted Stock Units
2025-03-20+11,315→ 29,270 total→ Common Stock (11,315 underlying) - Tax Payment
Common Stock
2025-03-20$29.55/sh−4,580$135,339→ 44,476 total - Award
Restricted Stock Units
2025-03-20+7,543→ 7,543 total→ Common Stock (7,543 underlying)
Holdings
- 64,931(indirect: By Trust)
Common Stock
- 12,418
Phantom Stock
→ Common Stock (12,418 underlying) - 6,673.71(indirect: By 401(k))
Common Stock
- 12,222
Restricted Stock Units
→ Common Stock (12,222 underlying) - 5,520
Phantom Stock
→ Common Stock (5,520 underlying) - 2,000
Phantom Stock
→ Common Stock (2,000 underlying)
Footnotes (13)
- [F1]Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
- [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]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- [F5]The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.
- [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 0001602623
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 11:46 AM ET
- Size
- 17.0 KB