SEC Form 4 · accession 0001273412-18-000084
PEAPACK GLADSTONE FINANCIAL CORP · PGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey J Carfora
Officer — SEVP & Chief Financial Officer
Period of report
Nov 5, 2018
Accepted (ET)
Nov 6, 2018 · 10:39 am 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 5, 2018 | P | 1,500 | $28.2146 | A | 81,116 | D | |
| Common StockF1 | holding | — | — | — | 963 | I | 401(k) | |
| Common Stock | holding | — | — | — | 4,675 | 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 UnitsF2,F3 | — | holding | — | — | — | — | — | Common Stock | 6,708 | 13,036 | D |
| Restricted Stock UnitsF2,F4 | — | holding | — | — | — | — | — | Common Stock | 1,123 | 1,123 | D |
| Restricted Stock UnitsF5,F6 | — | holding | — | — | — | — | — | Common Stock | 6,708 | 6,708 | D |
Explanation of responses
- F1Includes 401(k) contributions used to purchase PGC stock.
- F2Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- F3The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.
- F4The restricted stock units vest and settle in stock in five approximately equal installments on each of the first five anniversaries of the grant date.
- F5Each 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.
- F6The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.