Smith Gregory Martin 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 23, 2022
Insider Transaction Report
Form 4
Smith Gregory Martin
SEVP, President Comml Banking
Transactions
- Tax Payment
Common Stock
2022-03-20$36.80/sh−1,190$43,792→ 4,856.019 total - Award
Restricted Stock Units
2022-03-20+7,853→ 16,492 total→ Common Stock (7,853 underlying) - Award
Restricted Stock Units
2022-03-20+7,853→ 35,612 total→ Common Stock (7,853 underlying)
Holdings
- 572
Restricted Stock Units
→ Common Stock (572 underlying) - 0.926(indirect: ESPP)
Common Stock
Footnotes (7)
- [F1]Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
- [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.