Cavallaro Frank A. 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 24, 2025
Insider Transaction Report
Form 4
Cavallaro Frank A.
SEVP & Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2025-03-20+7,499→ 7,499 total→ Common Stock (7,499 underlying) - Award
Restricted Stock Units
2025-03-20+4,999→ 6,614 total→ Common Stock (4,999 underlying)
Holdings
- 2,926
Phantom Stock
→ Common Stock (2,926 underlying) - 6,584
Phantom Stock
→ Common Stock (6,584 underlying) - 8,543
Common Stock
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 three approximately equal installments on each of the first three anniversaries of the grant date.
- [F3]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.
- [F4]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.
- [F5]Each share of phantom stock is the economic equivalent of one share of common stock.
- [F6]The phantom stock is scheduled to vest in three approximately equal installments on each of the first three 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.