0000950170-24-035538.txt : 20240322 0000950170-24-035538.hdr.sgml : 20240322 20240322181347 ACCESSION NUMBER: 0000950170-24-035538 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240320 FILED AS OF DATE: 20240322 DATE AS OF CHANGE: 20240322 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cavallaro Frank A. CENTRAL INDEX KEY: 0001471659 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16197 FILM NUMBER: 24776519 MAIL ADDRESS: STREET 1: 132 YALE AVENUE CITY: SOMERDALE STATE: NJ ZIP: 08083 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PEAPACK GLADSTONE FINANCIAL CORP CENTRAL INDEX KEY: 0001050743 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] ORGANIZATION NAME: 02 Finance IRS NUMBER: 223537895 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 500 HILLS DRIVE CITY: BEDMINSTER STATE: NJ ZIP: 07921 BUSINESS PHONE: 9082340700 MAIL ADDRESS: STREET 1: 500 HILLS DRIVE CITY: BEDMINSTER STATE: NJ ZIP: 07921 4 1 ownership.xml 4 X0508 4 2024-03-20 0001050743 PEAPACK GLADSTONE FINANCIAL CORP PGC 0001471659 Cavallaro Frank A. 500 HILLS DRIVE, SUITE 300 PO BOX 700 BEDMINSTER NJ 07921 false true false false SEVP & Chief Financial Officer false Common Stock 2024-03-20 4 F false 597 23.92 D 6855 D Phantom Stock 2024-03-20 4 A false 4389 0 A Common Stock 4389 4389 D Phantom Stock 2024-03-20 4 A false 6584 0 A Common Stock 6584 6584 D Restricted Stock Units Common Stock 3230 3230 D Each share of phantom stock is the economic equivalent of one share of common stock. The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date. Each share of phantom stock represents the right to receive the economic equivalent of one share of common stock subject to certain perfomance conditions. The phantom stock will cliff vest , after three years, if the conditions are met. The phantom stock will cliff vest, after three years, if certain performance conditions are met. Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation. 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. Frank A. Cavallaro 2024-03-22