PEAPACK GLADSTONE FINANCIAL CORP — Director's Dealing 2021

Mar 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEAPACK GLADSTONE FINANCIAL CORP (PGC)
CIK: 0001050743
Period of Report: 2021-03-20

Reporting Person: Waser Eric H. (EVP, Head of Investment Bkg)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-20	Restricted Stock Units	$	A	5183	Acquired		Common Stock (5183)	Direct
2021-03-20	Restricted Stock Units	$	A	1727	Acquired		Common Stock (1727)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17533	Direct
Common Stock	15550	Indirect
Common Stock	8349.443	Indirect
Common Stock	4675.518	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (798)	798	Direct

Footnotes

F1: Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.

F2: Includes 401(k) contributions used to purchase PGC stock.

F3: Includes shares received through dividend reinvestment since the last filing.

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.