Doyle Timothy E 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 2, 2020
Insider Transaction Report
Form 4
Doyle Timothy E
Chief Credit Officer
Transactions
- Tax Payment
Common Stock
2020-02-28$27.45/sh−44$1,208→ 1,542.492 total
Holdings
- 879.445(indirect: ESPP)
Common Stock
- 2,888
Restricted Stock Units
→ Common Stock (2,888 underlying) - 886
Restricted Stock Units
→ Common Stock (886 underlying) - 2,890.245(indirect: By 401(k))
Common Stock
- 1,179
Restricted Stock Units
→ Common Stock (1,179 underlying)
Footnotes (6)
- [F1]Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
- [F2]Includes 401(k) contributions used to purchase PGC stock.
- [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]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.