[Form 4] Peapack-Gladstone Financial Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
Net Buyer: 3,720 shares ($97,628)
Net Buy
10 txns
Insider
KENNEDY DOUGLAS L
Role
President & CEO
Bought
3,720 shs ($98K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,720 | $26.244 | $98K |
| holding | Restrictued Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 39,128.749 shares (Direct);
Restrictued Stock Units — 11,689 shares (Direct);
Restricted Stock Units — 17,836 shares (Direct);
Phantom Stock — 6,881 shares (Direct);
Common Stock — 207,136 shares (Indirect, Rabbi Trust)
Footnotes (1)
- Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan. Includes 401(k) contributions used to purchase PGC stock. Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation. 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. 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. 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. The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied. Each share of phantom stock is the economic equivalent of one share of common stock. The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date. The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date. 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. The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied.
