SEC Form 4 · accession 0001273412-16-000160
PEAPACK GLADSTONE FINANCIAL CORP · PGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent A Spero
Officer — EVP & Chief Lending Officer
Period of report
Nov 23, 2016
Accepted (ET)
Nov 23, 2016 · 1:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001050743
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 23, 2016 | M | 3,000 | $11.91 | A | 59,290 | D | |
| Common Stock | Nov 23, 2016 | S | 3,000 | $26.2798 | D | 56,290 | D | |
| Common StockF3 | holding | — | — | — | 16,170 | I | 401K Plan/Profit Sharing | |
| Common Stock | holding | — | — | — | 2,207 | I | Employee Stock Purchase Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4,F1 | $11.91 | Nov 23, 2016 | M | 3,000 | D | — | Nov 19, 2019 | Common Stock | 3,000 | 0 | D |
| Stock Option (right to buy)F2 | $27.01 | holding | — | — | — | — | Jun 2, 2018 | Common Stock | 1,050 | 1,050 | D |
Explanation of responses
- F1The options are exercisable in five equal annual installments on November 19, 2010, 2011, 2012, 2013 and 2014.
- F2The options are exercisable in five equal annual installments on June 2, 2009, 2010, 2011, 2012 and 2013.
- F3Includes 401K contributions used to purchase PGC stock each payroll period.
- F4Option grant has no purchase or sale price