Vorcheimer Stuart M. 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 24, 2025
Insider Transaction Report
Form 4
Vorcheimer Stuart M.
EVP, Comm & Ind Lndg
Transactions
- Tax Payment
Common Stock
2025-03-20$29.55/sh−1,800$53,190→ 6,157.162 total - Award
Restricted Stock Units
2025-03-20+1,856→ 4,688 total→ Common Stock (1,856 underlying) - Award
Restricted Stock Units
2025-03-20+5,569→ 5,569 total→ Common Stock (5,569 underlying)
Holdings
- 1,012.744(indirect: Employee Stock Purchase Plan)
Common Stock
- 7,817
Restricted Stock Units
→ Common Stock (7,817 underlying) - 4,757
Phantom Stock
→ Common Stock (4,757 underlying) - 943
Phantom Stock
→ Common Stock (943 underlying) - 2,378
Phantom Stock
→ Common Stock (2,378 underlying)
Footnotes (12)
- [F1]Includes shares received through dividend reinvestment since the last filing.
- [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.
- [F12]Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
- [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 three approximately equal installments on each of the first three 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]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 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.