DeBel Richard 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed May 20, 2020
Insider Transaction Report
Form 4
DeBel Richard
EVP, Deposit Solutions
Transactions
- Tax Payment
Common Stock
2020-05-19$16.04/sh−87$1,395→ 2,175 total
Holdings
- 4,877
Restricted Stock Units
→ Common Stock (4,877 underlying) - 15,682
Restricted Stock Units
→ Common Stock (15,682 underlying)
Footnotes (5)
- [F1]Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- [F3]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.
- [F4]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.
- [F5]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.