CARFORA JEFFREY J 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Nov 4, 2020
Insider Transaction Report
Form 4
CARFORA JEFFREY J
EVP & Chief Financial Officer
Transactions
- Purchase
Common Stock
2020-11-04$16.65/sh+1,000$16,646→ 90,969 total
Holdings
- 29,077
Restricted Stock Units
→ Common Stock (29,077 underlying) - 6,561.934(indirect: Employee Stock Purchase Plan)
Common Stock
- 16,509
Restricted Stock Units
→ Common Stock (16,509 underlying) - 1,247.9(indirect: By 401(k))
Common Stock
- 7,526
Restricted Stock Units
→ Common Stock (7,526 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.