Smith Gregory Martin 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 24, 2025
Insider Transaction Report
Form 4
Smith Gregory Martin
SEVP, President Comml Banking
Transactions
- Tax Payment
Common Stock
2025-03-20$29.55/sh−4,091$120,889→ 8,625.721 total - Award
Restricted Stock Units
2025-03-20+4,922→ 4,922 total→ Common Stock (4,922 underlying) - Award
Restricted Stock Units
2025-03-20+7,383→ 19,078 total→ Common Stock (7,383 underlying)
Holdings
- 3,602
Phantom Stock
→ Common Stock (3,602 underlying) - 7,822
Restricted Stock Units
→ Common Stock (7,822 underlying) - 8,103
Phantom Stock
→ Common Stock (8,103 underlying) - 754
Phantom Stock
→ Common Stock (754 underlying)
Footnotes (11)
- [F1]Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
- [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 shares received through dividend reinvestment since the last filing.
- [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 three approximately equal installments on each of the first three anniversaries of the grant date.
- [F5]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.
- [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.