Form 4 for PGC PEAPACK GLADSTONE FINANCIAL CORP
Accepted 2024-03-22 00:00:00 ET · period of report 2024-03-20 · accession 0000950170-24-035503 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-22 | 2024-03-20 | PGC | Vorcheimer Stuart M. | EVP, Comm, Ind Lndg | F - Tax | $23.92 | -1,008 | 6,813 | -13% | -$24.1K |
| DM | 2024-03-22 | 2024-03-20 | PGC | Vorcheimer Stuart M. | EVP, Comm, Ind Lndg | A - Grant | $0.00 | +9,513 | 7,135 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-03-20 | F | D | 1,008 | $23.92 | 6,812.92 | D | — | — | (F1) Includes shares received through dividend reinvestment since the last filing. |
| 2 | Derivative | Phantom Stock | 2024-03-20 | A | A | 2,378 | $0.00 | 2,378 | D | — · — to — | 2,378 Common Stock | (F4) 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. (F5) The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied. |
| 3 | Derivative | Phantom Stock | 2024-03-20 | A | A | 7,135 | $0.00 | 7,135 | D | — · — to — | 7,135 Common Stock | (F2) Each share of phantom stock is the economic equivalent of one share of common stock. (F3) The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date. |