Poland Todd 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Jun 24, 2021
Insider Transaction Report
Form 4
Poland Todd
General Counsel
Transactions
- Tax Payment
Common Stock
2021-06-22$32.00/sh−77$2,464→ 155 total
Holdings
- 1,410.813(indirect: Employee Stock Purchase Plan)
Common Stock
- 11,209
Restricted Stock Units
→ Common Stock (11,209 underlying) - 3,834(indirect: By Trust)
Common Stock
- 1,465
Restricted Stock Units
→ Common Stock (1,465 underlying) - 5,347
Restricted Stock Units
→ Common Stock (5,347 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 shares received through dividend reinvestment since the last filing.
- [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.