Waser Eric H. 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Oct 15, 2019
Insider Transaction Report
Form 4
Waser Eric H.
EVP, Head of Comm Banking
Transactions
- Sale
Common Stock
2019-10-14$26.94/sh−1,500$40,414→ 19,941 total
Holdings
- 2,511(indirect: By Trust)
Common Stock
- 4,616.855(indirect: Employee Stock Purchase Plan)
Common Stock
- 4,977.25(indirect: 401 (k))
Common Stock
- 10,446
Restricted Stock Units
→ Common Stock (10,446 underlying) - 4,164
Restricted Stock Units
→ Common Stock (4,164 underlying) - 5,947
Restricted Stock Units
→ Common Stock (5,947 underlying)
Footnotes (9)
- [F1]The sale of common stock reflected in this Form 4 was pursuant to a Rule 10b-5 trading plan dated September 4, 2019.
- [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.