form8k-104343_pgfc.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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) |
January 5, 2010 |
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PEAPACK-GLADSTONE FINANCIAL CORPORATION |
(Exact Name of Registrant as Specified in Charter) |
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New Jersey |
001-16197 |
22-3537895 |
(State or Other Jurisdiction |
(Commission |
(I.R.S. Employer |
of Incorporation) |
File Number) |
Identification No.) |
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158 Route 206, Peapack-Gladstone, New Jersey |
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07934 |
(Address of Principal Executive Offices) |
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(Zip Code) |
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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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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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 January 5, 2010, 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 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 January 6, 2010, 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 January 5, 2010.
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.
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PEAPACK-GLADSTONE FINANCIAL CORPORATION |
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Dated: January 7, 2010 |
By: |
/s/ Jeffrey J. Carfora |
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Name: |
Jeffrey J. Carfora |
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Title: |
Executive Vice President and Chief Financial Officer |