Doyle Timothy E 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 24, 2020
Insider Transaction Report
Form 4
Doyle Timothy E
Chief Credit Officer
Transactions
- Award
Restricted Stock Units
2020-03-20+6,941→ 7,827 total→ Common Stock (6,941 underlying) - Tax Payment
Common Stock
2020-03-20$13.44/sh−65$874→ 2,748.492 total - Award
Restricted Stock Units
2020-03-20+6,941→ 7,785 total→ Common Stock (6,941 underlying)
Holdings
- 2,890.245(indirect: By 401(k))
Common Stock
- 886(indirect: By Trust)
Common Stock
- 880.941(indirect: ESPP)
Common Stock
- 2,002
Restricted Stock Units
→ Common Stock (2,002 underlying)
Footnotes (8)
- [F1]Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
- [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]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- [F5]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.
- [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 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.
- [F8]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.