Smith Gregory Martin 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed May 22, 2023
Insider Transaction Report
Form 4
Smith Gregory Martin
SEVP, President Comml Banking
Transactions
- Tax Payment
Common Stock
2023-05-19$27.50/sh−1,754$48,235→ 19,905.503 total
Holdings
- 27,517
Restricted Stock Units
→ Common Stock (27,517 underlying) - 286
Restricted Stock Units
→ Common Stock (286 underlying) - 0.932(indirect: ESPP)
Common Stock
- 23,310
Restricted Stock Units
→ Common Stock (23,310 underlying)
Footnotes (6)
- [F1]Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
- [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.