Filing Details

Accession Number:
0001209191-19-041877
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-07-12 11:01:24
Reporting Period:
2019-07-10
Accepted Time:
2019-07-12 11:01:24
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
1602623 P John Babcock 500 Hills Drive, Suite 300
Po Box 700
Bedminster NJ 07921
Sevp & Pres Of Priv Wealth Mgt No Yes 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 2019-07-10 2,000 $28.30 45,620 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 8,850 Indirect Rabbi Trust
Common Stock 6,411 Indirect 401(k)
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Unit $0.00 21,331 21,331 Direct
Common Stock Restricted Stock Unit $0.00 1,497 1,497 Direct
Common Stock Restricted Stock Unit $0.00 22,097 22,097 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
21,331 21,331 Direct
1,497 1,497 Direct
22,097 22,097 Direct
Footnotes
  1. The sale of common stock reflected in this Form 4 was pursuant to a Rule 10b-5 trading plan dated May 1, 2019.
  2. Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
  3. Includes 401(k) contributions used to purchase PGC stock.
  4. Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
  5. 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.
  6. 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.
  7. 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.
  8. The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.