Smith Gregory Martin 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Sep 30, 2021
Insider Transaction Report
Form 4
Smith Gregory Martin
SEVP, President Comml Banking
Transactions
- Sale
Common Stock
2021-09-29$33.23/sh−1,303$43,299→ 0.924 total(indirect: ESPP)
Holdings
- 8,639
Restricted Stock Units
→ Common Stock (8,639 underlying) - 572
Restricted Stock Units
→ Common Stock (572 underlying) - 31,437
Restricted Stock Units
→ Common Stock (31,437 underlying) - 2,361.33
Common Stock
Footnotes (6)
- [F1]Includes shares received through dividend reinvestment since the last filing.
- [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 three approximately equal installments on each of the first three anniversaries of the grant date.
- [F4]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.
- [F5]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.
- [F6]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.