Hemhauser Maureen 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Jun 23, 2022
Insider Transaction Report
Form 4
Hemhauser Maureen
EVP & Chief Risk Officer
Transactions
- Tax Payment
Common Stock
2022-06-22$30.91/sh−69$2,133→ 3,026 total
Holdings
- 657(indirect: By Trust)
Common Stock
- 443.474(indirect: By 401(k))
Common Stock
- 210
Restricted Stock Units
→ Common Stock (210 underlying) - 2,666
Restricted Stock Units
→ Common Stock (2,666 underlying) - 9,104
Restricted Stock Units
→ Common Stock (9,104 underlying)
Footnotes (8)
- [F1]Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
- [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.