Poland Todd 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Aug 2, 2021
Insider Transaction Report
Form 4
Poland Todd
General Counsel
Transactions
- Purchase
Common Stock
2021-08-02$32.31/sh+1,000$32,310→ 1,155 total
Holdings
- 1,410.813(indirect: Employee Stock Purchase Plan)
Common Stock
- 3,834(indirect: By Trust)
Common Stock
- 11,209
Restricted Stock Units
→ Common Stock (11,209 underlying) - 5,347
Restricted Stock Units
→ Common Stock (5,347 underlying) - 1,465
Restricted Stock Units
→ Common Stock (1,465 underlying)
Footnotes (7)
- [F1]Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
- [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.