Form Type: 4

SEC EDGAR Link
Acccession Number:0001209191-19-049248
Date:2019-09-11
Issuer: PEAPACK GLADSTONE FINANCIAL CORP (PGC)
Original Submission Date:

Reporting Person:

BABCOCK JOHN P
500 HILLS DRIVE, SUITE 300
PO BOX 700 BEDMINSTER, NJ 07921

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-09-11 S 2,000 d $28.91 41,620 direct
COMMON STOCK 0 $0.00 8,850 indirect f2
COMMON STOCK 0 $0.00 6,411 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNIT 0.0 deemed execution date 0 ( ) common stock 21,331 $0.00 21,331 direct
RESTRICTED STOCK UNIT 0.0 deemed execution date 0 ( ) common stock 1,497 $0.00 1,497 direct
RESTRICTED STOCK UNIT 0.0 deemed execution date 0 ( ) common stock 22,097 $0.00 22,097 direct
Footnotes
IDfootnote
f1 the sale of common stock reflected in this form 4 was pursuant to a rule 10b-5 trading plan dated may 1, 2019.
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.

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