form8k-113050_pgfc.htm
 

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

____________

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934




Date of report (Date of earliest event reported)
February 22, 2011



PEAPACK-GLADSTONE FINANCIAL CORPORATION
(Exact Name of Registrant as Specified in Charter)
     
     
New Jersey
001-16197
22-3537895
(State or Other Jurisdiction
(Commission
(I.R.S. Employer
of Incorporation)
File Number)
Identification No.)
     
     
500 Hills Drive, Suite 300, Bedminster, New Jersey
 
07921
(Address of Principal Executive Offices)
 
(Zip Code)


Registrant’s telephone number, including area code
(908) 234-0700

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



 
 

 


Item 8.01                      Other Events.
 
On February 22, 2011, Peapack-Gladstone Financial Corporation (the “Corporation”) announced that it received approval from the U.S. Department of the Treasury (the “Treasury”) for its request to redeem an additional 25% of the Corporation’s Fixed Rate Cumulative Perpetual Preferred Stock, Series A (the “Preferred Shares”), issued to the Treasury pursuant to the Troubled Asset Relief Program Capital Purchase Program.  On March 2, 2011, the Corporation expects to pay approximately $7.2 million to the Treasury to repurchase the Preferred Shares, including accrued and unpaid dividends for such shares.  The Corporation’s redemption of the Preferred Shares is not subject to additional conditions or stipulations from the Treasury.  A copy of the press release is attached hereto as Exhibit 99 and is incorporated herein by reference.

Item 9.01                      Financial Statements and Exhibits.

Exhibit
99                           Press Release dated February 22, 2011.


 
 

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


   
PEAPACK-GLADSTONE FINANCIAL CORPORATION
         
         
         
Dated:
February 23, 2011
 
By:
 /s/Jeffrey J. Carfora
     
Name:
Jeffrey J. Carfora
     
Title:
Executive Vice President and Chief Financial
       
Officer


 
 

 

Exhibit Index

Exhibit No.
Description of Exhibit
   
99
Press Release dated February 22, 2011