PEAPACK GLADSTONE FINANCIAL CORP — Director's Dealing 2021

Jun 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEAPACK GLADSTONE FINANCIAL CORP (PGC)
CIK: 0001050743
Period of Report: 2021-06-22

Reporting Person: BABCOCK JOHN P (SEVP & Pres of Priv Wealth Mgt)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-22	Common Stock	F	161	$32.00	Disposed	56749	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20418	Indirect
Common Stock	6517	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock (4802)	4802	Direct
Restricted Stock Unit	$		Common Stock (28985)	28985	Direct
Restricted Stock Unit	$		Common Stock (44589)	44589	Direct

Footnotes

F1: Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.

F2: Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.

F3: Includes 401(k) contributions used to purchase PGC stock.

F4: Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.

F5: 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.

F6: 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.

F7: 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.

F8: The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.