FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SMITH PHILIP W III
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)
(Last)          (First)          (Middle)

500 HILLS DRIVE, SUITE 300, PO BOX 700
3. Date of Earliest Transaction (MM/DD/YYYY)

3/20/2021
(Street)

BEDMINSTER, NJ 07921
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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         53177.7792 (1)D  
Common Stock         1335 I by Phillary Management Inc., a Corporation 
Common Stock         8417.61 (1)I Spouse 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (2)3/20/2021  A   1434     (3) (3)Common Stock 1434 $0.00 3108 D  
Stock Option (right to buy) $10.72            (4)1/3/2022 Common Stock 2500  2500 D  
Stock Option (right to buy) $14.68            (5)1/2/2023 Common Stock 2500  2500 D  

Explanation of Responses:
(1) Includes shares received through dividend reinvestment since the last filing.
(2) Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
(3) The restricted stock units vest and settle in stock in two approximately equal installments on each of the first two anniversaries of the grant date.
(4) The options are exercisable in four equal annual installments on January 3, 2013, 2014, 2015 and 2016.
(5) The options are exercisable in three equal annual installments on January 2, 2014, 2015 and 2016.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SMITH PHILIP W III
500 HILLS DRIVE, SUITE 300
PO BOX 700
BEDMINSTER, NJ 07921
X



Signatures
Philip W. Smith III3/22/2021
**Signature of Reporting PersonDate

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