Hemhauser Maureen 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Jun 26, 2023
Insider Transaction Report
Form 4
Hemhauser Maureen
EVP & Chief Risk Officer
Transactions
- Tax Payment
Common Stock
2023-06-22$27.54/sh−70$1,928→ 3,601 total
Holdings
- 446.523(indirect: By 401(k))
Common Stock
- 4,720
Restricted Stock Units
→ Common Stock (4,720 underlying) - 2,256(indirect: By Trust)
Common Stock
- 13,022
Restricted Stock Units
→ Common Stock (13,022 underlying)
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.