PEAPACK GLADSTONE FINANCIAL CORP 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Feb 8, 2005
Insider Transaction Report
Form 4
KISSEL JOHN D
Director
Transactions
- Exercise/Conversion
Common Stock
2005-02-04$5.56/sh+213$1,184→ 37,597 total - Exercise/Conversion
Stock Option (right to buy)
2005-02-04−213→ 0 totalExercise: $5.56Exp: 2005-04-25→ Common Stock (213 underlying) - Tax Payment
Common Stock
2005-02-04$27.71/sh−42$1,164→ 37,384 total
Holdings
- 1,609(indirect: By Spouse)
Common Stock
- 1,845(indirect: By Children)
Common Stock
- 7,702
Stock Option (right to buy)
Exercise: $17.53Exp: 2008-04-28→ Common Stock (7,702 underlying) - 3,880
Stock Option (right to buy)
Exercise: $15.68Exp: 2011-03-08→ Common Stock (3,880 underlying) - 1,865(indirect: By Children)
Common Stock
- 11,000
Stock Option (right to buy)
Exercise: $28.89Exp: 2014-01-09→ Common Stock (11,000 underlying)
Footnotes (9)
- [F1]Option grant has no purchase or sale price.
- [F2]These options were exercisable in five equal annual installments on April 25, 1996, 1997, 1998, 1999 and 2000.
- [F3]The options were exercisable in five equal annual installments on April 28, 1999, 2000, 2001, 2002 and 2003.
- [F4]The options were exercisable in five equal annual installments on March 8, 2002, 2003, 2004, 2005 and 2006.
- [F5]The options were exercisable in five equal annual installments on January 9, 2005, 2006, 2007, 2008 and 2009.
- [F6]PGC declared a 10% stock dividend on September 9, 2004, payable to all holders of record of common stock on October 1, 2004. As a result, the reporting person received 3,401 shares of PGC common stock. His spouse received 146 shares, while his three children received 169, 167 and 167 shares. At the same time, pursuant to anti-dilution provisions of PGC's stock option plan, options for 194, 3,528, 7,002 and 10,000 shares of common stock held by the reporting person on October 1 became exercisable for 213, 3,880, 7702 and 11,000 shares of common stock
- [F7]This option was previously reported as an option of 194 shares of common stock at an exercise price of $6.12, but was adjusted to reflect the 10% stock dividend declared by PGC on September 9, 2004.
- [F8]This option was previously reported as an option of 7,002 shares of common stock at an exercise price of $19.28, but was adjusted to reflect the 10% stock dividend declared by PGC on September 9, 2004.
- [F9]This option was previously reported as an option of 10,000 shares of common stock at an exercise price of $31.78, but was adjusted to reflect the 10% stock dividend declared by PGC on September 9, 2004.