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SC 13G Filing
Peapack-Gladstone Financial (PGC) SC 13GPeapack Gladstone Financial Corp
Filed: 11 Feb 19, 5:07pm
CUSIP No. 704699107 | 13G | Page 2 of 8 Pages | |||
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Basswood Capital Management, L.L.C. | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ | ||||
3 | SEC USE ONLY | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER 0 | |||
6 | SHARED VOTING POWER 1,057,398 | ||||
7 | SOLE DISPOSITIVE POWER 0 | ||||
8 | SHARED DISPOSITIVE POWER 1,057,398 | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,057,398 | ||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.5% | ||||
12 | TYPE OF REPORTING PERSON* IA |
CUSIP No. 704699107 | 13G | Page 3 of 8 Pages | |||
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Matthew Lindenbaum | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☒ | ||||
3 | SEC USE ONLY | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER 0 | |||
6 | SHARED VOTING POWER 1,057,398 | ||||
7 | SOLE DISPOSITIVE POWER 0 | ||||
8 | SHARED DISPOSITIVE POWER 1,057,398 | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,057,398 | ||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.5% | ||||
12 | TYPE OF REPORTING PERSON* IN/HC |
CUSIP No. 704699107 | 13G | Page 4 of 8 Pages | |||
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Bennett Lindenbaum | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☒ | ||||
3 | SEC USE ONLY | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER 0 | |||
6 | SHARED VOTING POWER 1,057,398 | ||||
7 | SOLE DISPOSITIVE POWER 0 | ||||
8 | SHARED DISPOSITIVE POWER 1,057,398 | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,057,398 | ||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.5% | ||||
12 | TYPE OF REPORTING PERSON* IN/HC |
Item 1(a) | Name of Issuer: |
Peapack-Gladstone Financial Corporation | |
Item 1(b) | Address of Issuer's Principal Executive Offices: |
500 Hills Drive, Suite 300 | |
Bedminster, New Jersey 07921 | |
Item 2(a) | Name of Person Filing: |
The information required by Item 2(a) is set forth in Row 1 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person. | |
Item 2(b) | Address of Principal Business Office or, if none, Residence: |
c/o Basswood Capital Management, L.L.C. | |
645 Madison Avenue, 10th Floor | |
New York, NY 10022 | |
Item 2(c) | Citizenship: |
The information required by Item 2(c) is set forth in Row 4 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person. | |
Item 2(d) | Title of Class of Securities: |
Common Stock | |
Item 2(e) | CUSIP Number: |
704699107 | |
Item 3 | Statement filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c): |
The information required by Item 3 is set forth in Row 12 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person. | |
Item 4 | Ownership: |
The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person. | |
Item 5 | Ownership of Five Percent or Less of a Class: |
Not Applicable | |
Item 6 | Ownership of More than Five Percent on Behalf of Another Person: |
Not Applicable | |
Item 7 | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person: |
See Exhibit 99.2 | |
Item 8 | Identification and Classification of Members of the Group: |
Not Applicable | |
Item 9 | Notice of Dissolution of Group: |
Not Applicable | |
Item 10 | Certification: |
BASSWOOD CAPITAL MANAGEMENT, L.L.C. | ||
By: | /s/ Matthew Lindenbaum | |
Name: | Matthew Lindenbaum | |
Title: | Managing Member | |
/s/ Matthew Lindenbaum | ||
Matthew Lindenbaum, an individual | ||
/s/ Bennett Lindenbaum | ||
Bennett Lindenbaum, an individual |