CARFORA JEFFREY J 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 22, 2023
Insider Transaction Report
Form 4
CARFORA JEFFREY J
EVP & Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2023-03-20+12,387→ 27,965 total→ Common Stock (12,387 underlying) - Award
Restricted Stock Units
2023-03-20+8,258→ 25,723 total→ Common Stock (8,258 underlying) - Tax Payment
Common Stock
2023-03-20$30.96/sh−8,751$270,931→ 128,557 total
Holdings
- 8,656.406(indirect: Employee Stock Purchase Plan)
Common Stock
- 336
Restricted Stock Units
→ Common Stock (336 underlying) - 1,273(indirect: By 401(k))
Common Stock
Footnotes (8)
- [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]Includes shares received through dividend reinvestment since the last filing.
- [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.