Doyle Timothy E 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 15, 2021
Insider Transaction Report
Form 4
Doyle Timothy E
Chief Credit Officer
Transactions
- Tax Payment
Common Stock
2021-03-11$30.97/sh−64$1,982→ 4,938 total
Holdings
- 886(indirect: By Trust)
Common Stock
- 4,005.141(indirect: By 401(k))
Common Stock
- 1,159.598(indirect: ESPP)
Common Stock
- 2,557
Restricted Stock Units
→ Common Stock (2,557 underlying) - 7,619
Restricted Stock Units
→ Common Stock (7,619 underlying) - 7,827
Restricted Stock Units
→ Common Stock (7,827 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.