Poland Todd 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 24, 2020
Insider Transaction Report
Form 4
Poland Todd
General Counsel
Transactions
- Award
Restricted Stock Units
2020-03-20+9,182→ 9,182 total→ Common Stock (9,182 underlying) - Award
Restricted Stock Units
2020-03-20+3,061→ 4,060 total→ Common Stock (3,061 underlying)
Holdings
- 1,999
Restricted Stock Units
→ Common Stock (1,999 underlying) - 999(indirect: By Trust)
Common Stock
- 130.095(indirect: Employee Stock Purchase Plan)
Common Stock
Footnotes (6)
- [F1]Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- [F3]The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.
- [F4]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.
- [F5]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.
- [F6]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.