Chalkan Lisa 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Jun 23, 2022
Insider Transaction Report
Form 4
Chalkan Lisa
EVP, Chief Credit Officer
Transactions
- Tax Payment
Common Stock
2022-06-22$30.91/sh−61$1,886→ 15,316 total
Holdings
- 1,841
Restricted Stock Units
→ Common Stock (1,841 underlying) - 6,371
Restricted Stock Units
→ Common Stock (6,371 underlying) - 553(indirect: By 401(k))
Common Stock
- 7,194
Restricted Stock Units
→ Common Stock (7,194 underlying)
Footnotes (7)
- [F1]Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
- [F2]Includes 401(k) contributions used to purchase PGC stock.
- [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.