KENNEDY DOUGLAS L 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 13, 2023
Insider Transaction Report
Form 4
KENNEDY DOUGLAS L
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2023-03-13$32.03/sh+1,000$32,026→ 65,510.749 total
Holdings
- 18,229.563(indirect: By 401(k))
Common Stock
- 98,445(indirect: By Trust)
Common Stock
- 8,610.454(indirect: Employee Stock Purchase Plan)
Common Stock
- 621
Restricted Stock Units
→ Common Stock (621 underlying) - 65,080
Restricted Stock Units
→ Common Stock (65,080 underlying) - 49,225
Restricted Stock Units
→ Common Stock (49,225 underlying)
Footnotes (9)
- [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]Includes shares received through dividend reinvestment since the last filing.
- [F5]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.