KENNEDY DOUGLAS L 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed May 4, 2022
Insider Transaction Report
Form 4
KENNEDY DOUGLAS L
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2022-05-02$31.11/sh+1,000$31,110→ 64,169.749 total
Holdings
- 18,105.09(indirect: By 401(k))
Common Stock
- 7,877.474(indirect: Employee Stock Purchase Plan)
Common Stock
- 1,242
Restricted Stock Units
→ Common Stock (1,242 underlying) - 49,225
Restricted Stock Units
→ Common Stock (49,225 underlying) - 65,080
Restricted Stock Units
→ Common Stock (65,080 underlying) - 98,445(indirect: By Trust)
Common Stock
Footnotes (8)
- [F1]18,284 shares held in trust.
- [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.