KENNEDY DOUGLAS L 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 31, 2025
Insider Transaction Report
Form 4
KENNEDY DOUGLAS L
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
2025-03-28$28.58/sh−5,000$142,898→ 35,408.749 total
Holdings
- 17,836
Restricted Stock Units
→ Common Stock (17,836 underlying) - 6,881
Phantom Stock
→ Common Stock (6,881 underlying) - 207,136(indirect: By Trust)
Common Stock
- 10,077.444(indirect: Employee Stock Purchase Plan)
Common Stock
- 18,493(indirect: By 401(k))
Common Stock
- 11,689
Restrictued Stock Units
→ Common Stock (11,689 underlying) - 15,482
Phantom Stock
→ Common Stock (15,482 underlying) - 2,828
Phantom Stock
→ Common Stock (2,828 underlying) - 43,742
Restricted Stock Units
→ Common Stock (43,742 underlying)
Footnotes (14)
- [F1]The sale of common stock reflected in this Form 4 was pursuant to a Rule 10b-5 trading plan dates November 22, 2024.
- [F10]Each share of phantom stock is the economic equivalent of one share of common stock.
- [F11]The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
- [F12]The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
- [F13]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.
- [F14]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 three approximately equal installments on each of the first three anniversaries of the grant date.
- [F7]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.
- [F8]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.
- [F9]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.