Filing Details

Accession Number:
0000950170-24-063360
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-22 12:32:00
Reporting Period:
2024-05-21
Accepted Time:
2024-05-22 12:32:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1050743 Peapack Gladstone Financial Corp PGC Commercial Banks, Nec (6029) 223537895
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1854833 M. Stuart Vorcheimer 500 Hills Drive, Suite 300
Po Box 700
Bedminster NJ 07921
Evp, Comm & Ind Lndg No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-05-21 4,608 $24.09 2,205 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 890 Indirect Employee Stock Purchase Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 10,875 10,875 Direct
Common Stock Restricted Stock Units $0.00 5,097 5,097 Direct
Common Stock Phantom Stock $0.00 7,135 7,135 Direct
Common Stock Phantom Stock $0.00 4,116 4,116 Direct
Common Stock Phantom Stock $0.00 2,378 2,378 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
10,875 10,875 Direct
5,097 5,097 Direct
7,135 7,135 Direct
4,116 4,116 Direct
2,378 2,378 Direct
Footnotes
  1. Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
  2. 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.
  3. The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.
  4. Each share of phantom stock is the economic equivalent of one share of common stock.
  5. The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
  6. The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
  7. Each share of phantom stock represents the right to receive the economic equivalent of one share of common stock subject to certain perfomance conditions. The phantom stock will cliff vest , after three years, if the conditions are met.
  8. The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied.