Chalkan Lisa 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Jun 26, 2023
Insider Transaction Report
Form 4
Chalkan Lisa
EVP, Chief Credit Officer
Transactions
- Tax Payment
Common Stock
2023-06-22$27.54/sh−71$1,955→ 23,295 total
Holdings
- 1,105
Restricted Stock Units
→ Common Stock (1,105 underlying) - 491(indirect: By 401(k))
Common Stock
- 2,600
Restricted Stock Units
→ Common Stock (2,600 underlying) - 12,156
Restricted Stock Units
→ Common Stock (12,156 underlying)
Footnotes (7)
- [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]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- [F4]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.
- [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.