SEC Form 4 · accession 0001273412-18-000020
PEAPACK GLADSTONE FINANCIAL CORP · PGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric H. Waser
Officer — EVP, Head of Comm Banking
Period of report
Mar 11, 2018
Accepted (ET)
Mar 13, 2018 · 3:32 pm EDT
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 | Mar 11, 2018 | F | 634 | $34.71 | D | 20,444 | D | |
| Common Stock | Mar 11, 2018 | F | 708 | $34.71 | D | 21,873 | D | |
| Common Stock | Mar 11, 2018 | F | 352 | $34.71 | D | 22,546 | D | |
| Common Stock | Mar 11, 2018 | F | 409 | $34.71 | D | 23,342 | D | |
| Common Stock | Mar 11, 2018 | F | 208 | $34.71 | D | 23,712 | D | |
| Common StockF1 | holding | — | — | — | 4,977 | I | 401 (K) | |
| Common Stock | holding | — | — | — | 2,963 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | holding | — | — | — | — | — | Common Stock | 4,548 | 4,548 | D |
| Restricted Stock UnitsF3,F5 | — | holding | — | — | — | — | — | Common Stock | 5,393 | 5,393 | D |
Explanation of responses
- F1Includes 401 (K) contributions used to purchase PGC stock.
- F2Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
- F3Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- F4The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.
- F5The restricted stock units vest and settle in stock in five approximately equal installments on each of the first five anniversaries of the grant date.