PEAPACK GLADSTONE FINANCIAL CORP — Director's Dealing 2021

Sep 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEAPACK GLADSTONE FINANCIAL CORP (PGC)
CIK: 0001050743
Period of Report: 2021-09-17

Reporting Person: KENNEDY DOUGLAS L (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-17	Common Stock	S	5000	$32.6126	Disposed	70722.749	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	69801	Indirect
Common Stock	17992.7952	Indirect
Common Stock	7548.653	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (5640)	5640	Direct
Restricted Stock Units	$		Common Stock (40859)	40859	Direct
Restricted Stock Units	$		Common Stock (59898)	59898	Direct

Footnotes

F1: The sale of common stock reflected in this Form 4 was pursuant to a Rule 10b-5 trading plan dated May 20, 2021

F2: 18,284 shares held in trust.

F3: Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.

F4: Includes 401(k) contributions used to purchase PGC stock.

F5: Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.

F6: 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.

F7: 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.

F8: 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.

F9: The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.