Consi Anthony J Form 4 PEAPACK GLADSTONE FINANCIAL / ANTHONY J CONSI ownership change

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

CONSI ANTHONY J

(Last) (First) (Middle)

500 HILLS DRIVE, SUITE 300

PO BOX 700

(Street)

BEDMINSTER NJ 07921

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PEAPACK GLADSTONE FINANCIAL CORP [ PGC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/09/2016

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/09/2016		M		2,310	A	$26.76	90,841.692	D
Common Stock	12/09/2016		S		2,310	D	$30.3871	88,531.692	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$26.76	12/09/2016		M			2,310	(1)	01/03/2017	Common Stock	2,310	(7)	0	D
Stock Option (right to buy)	$23.4							(2)	01/02/2018	Common Stock	2,310		2,310	D
Stock Option (right to buy)	$13.43							(3)	01/04/2020	Common Stock	5,000		5,000	D
Stock Option (right to buy)	$13.53							(4)	01/03/2021	Common Stock	2,500		2,500	D
Stock Option (right to buy)	$10.72							(5)	01/03/2022	Common Stock	2,500		2,500	D
Stock Option (right to buy)	$14.68							(6)	01/02/2023	Common Stock	2,500		2,500	D

Explanation of Responses:

1. The options are exercisable in five equal annual installments on January 3, 2008, 2009, 2010, 2011 and 2012.

2. The options are exercisable in five equal annual installments on January 2, 2009, 2010, 2011, 2012 and 2013.

3. The options are exercisable in four equal annual installments on January 4, 2011, 2012, 2013 and 2014.

4. The options are exercisable in four equal annual installments on January 3, 2012, 2013, 2014 and 2015.

5. The options are exercisable in four equal annual installments on January 3, 2013, 2014, 2015 and 2016.

6. The options are exercisable in three equal annual installments on January 2, 2014, 2015 and 2016.

7. Option grant has no purchase or sale price

Remarks:

	Anthony J. Consi	12/12/2016
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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