SEC Form 4 · accession 0001273412-18-000056
PEAPACK GLADSTONE FINANCIAL CORP · PGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A. Plante
Officer — EVP, Chief Operating Officer
Period of report
Mar 20, 2018
Accepted (ET)
Mar 22, 2018 · 4:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001050743
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 20, 2018 | A | 6,686 | A | — | — | Common Stock | 6,686 | 6,686 | D |
| Restricted Stock UnitsF3,F4 | — | Mar 20, 2018 | A | 2,228 | A | — | — | Common Stock | 2,228 | 2,228 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- F2The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.
- F3Each 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.
- F4The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.