Form 4 for PGC PEAPACK GLADSTONE FINANCIAL CORP
Accepted 2023-03-22 00:00:00 ET · period of report 2023-03-20 · accession 0001209191-23-020564 · 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 | 2023-03-22 | 2023-03-20 | PGC | Vorcheimer Stuart M. | EVP, Comm, Ind Lndg | F - Tax | $30.96 | -1,861 | 10.4K | -15% | -$57.6K |
| DM | 2023-03-22 | 2023-03-20 | PGC | Vorcheimer Stuart M. | EVP, Comm, Ind Lndg | A - Grant | $0.00 | +11.3K | 5,097 | 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 | 2023-03-20 | F | D | 1,861 | $30.96 | 10,450 | D | — | — | (F2) Includes shares received through dividend reinvestment since the last filing. |
| 2 | Derivative | Restricted Stock Unit | 2023-03-20 | A | A | 8,496 | $0.00 | 21,221 | D | — · — to — | 8,496 Common Stock | (F3) 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. |
| 3 | Derivative | Restricted Stock Units | 2023-03-20 | A | A | 2,832 | $0.00 | 5,097 | D | — · — to — | 2,832 Common Stock | (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. |