Vorcheimer Stuart M. 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Dec 6, 2022
Insider Transaction Report
Form 4
Vorcheimer Stuart M.
EVP, Comm & Ind Lndg
Transactions
- Sale
Common Stock
2022-12-05$39.61/sh−750$29,708→ 7,240 total
Holdings
- 17,796
Restricted Stock Unit
→ Common Stock (17,796 underlying) - 689.372(indirect: Employee Stock Purchase Plan)
Common Stock
- 2,265
Restricted Stock Units
→ Common Stock (2,265 underlying) - 230
Restricted Stock Units
→ Common Stock (230 underlying)
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.