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4//SEC Filing

BABCOCK JOHN P 4

Accession 0001209191-23-039644

CIK 0001050743other

Filed

Jun 25, 8:00 PM ET

Accepted

Jun 26, 3:27 PM ET

Size

9.7 KB

Accession

0001209191-23-039644

Insider Transaction Report

Form 4
Period: 2023-06-22
BABCOCK JOHN P
SEVP & Pres of Priv Wealth Mgt
Transactions
  • Tax Payment

    Common Stock

    2023-06-22$27.54/sh219$6,03165,510 total
Holdings
  • Common Stock

    (indirect: By Trust)
    45,470
  • Restricted Stock Unit

    Common Stock (40,535 underlying)
    40,535
  • Common Stock

    (indirect: By 401(k))
    6,591
  • Restricted Stock Unit

    Common Stock (37,286 underlying)
    37,286
Footnotes (7)
  • [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 five approximately equal installments on each of the first five anniversaries of the grant date.
  • [F6]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.
  • [F7]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.

Issuer

PEAPACK GLADSTONE FINANCIAL CORP

CIK 0001050743

Entity typeother

Related Parties

1
  • filerCIK 0001602623

Filing Metadata

Form type
4
Filed
Jun 25, 8:00 PM ET
Accepted
Jun 26, 3:27 PM ET
Size
9.7 KB