CARFORA JEFFREY J 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 17, 2020
Insider Transaction Report
Form 4
CARFORA JEFFREY J
EVP & Chief Financial Officer
Transactions
- Purchase
Common Stock
2020-03-16$15.96/sh+1,000$15,957→ 87,066 total
Holdings
- 563
Restricted Stock Units
→ Common Stock (563 underlying) - 1,247.9(indirect: By 401(k))
Common Stock
- 10,895
Restricted Stock Units
→ Common Stock (10,895 underlying) - 5,520.14(indirect: Employee Stock Purchase Plan)
Common Stock
- 13,131
Restricted Stock Units
→ Common Stock (13,131 underlying)
Footnotes (7)
- [F1]Includes 401(k) contributions used to purchase PGC stock.
- [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]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.
- [F7]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.