<SEC-DOCUMENT>0000943374-21-000304.txt : 20210701
<SEC-HEADER>0000943374-21-000304.hdr.sgml : 20210701
<ACCEPTANCE-DATETIME>20210701111038
ACCESSION NUMBER:		0000943374-21-000304
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20210701
DATE AS OF CHANGE:		20210701
EFFECTIVENESS DATE:		20210701

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PEAPACK GLADSTONE FINANCIAL CORP
		CENTRAL INDEX KEY:			0001050743
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		IRS NUMBER:				223537895
		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-257594
		FILM NUMBER:		211064671

	BUSINESS ADDRESS:	
		STREET 1:		500 HILLS DRIVE
		CITY:			BEDMINSTER
		STATE:			NJ
		ZIP:			07921
		BUSINESS PHONE:		9082340700

	MAIL ADDRESS:	
		STREET 1:		500 HILLS DRIVE
		CITY:			BEDMINSTER
		STATE:			NJ
		ZIP:			07921
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>s-8_06292021.htm
<DESCRIPTION>PEAPACK-GLADSTONE FINANCIAL CORPORATION FORM S-8 JULY 1, 2021
<TEXT>
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    <div style="text-align: right; font-weight: bold;">Registration No. 333-_________</div>
    <div style="text-align: right; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><font style="font-size: 10pt;">As filed with the Securities and Exchange Commission on July 1, 2021</font></div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Washington, D.C.&#160; 20549</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">____________________</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">FORM S-8</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">REGISTRATION STATEMENT</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">UNDER<br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"> THE SECURITIES ACT OF 1933</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Peapack-Gladstone Financial Corporation</div>
    <div style="text-align: center; font-size: 8pt;">(Exact Name of Registrant as Specified in its Charter)</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 47.34%; vertical-align: top;">
            <div style="text-align: center; font-size: 12pt; font-weight: bold;">New Jersey</div>
          </td>
          <td style="width: 5.34%; vertical-align: top;">&#160;</td>
          <td style="width: 47.32%; vertical-align: top;">
            <div style="text-align: center; font-size: 12pt; font-weight: bold;">22-3537895</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.34%; vertical-align: top;">
            <div style="text-align: center; font-size: 8pt;">(State or Other Jurisdiction of</div>
            <div style="text-align: center; font-size: 8pt;">Incorporation or Organization)</div>
          </td>
          <td style="width: 5.34%; vertical-align: top;">&#160;</td>
          <td style="width: 47.32%; vertical-align: top;">
            <div style="text-align: center; font-size: 8pt;">(I.R.S. Employer Identification No.)</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">500 Hills Drive, Suite 300</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Bedminster, New Jersey 07921</div>
    <div style="text-align: center; font-size: 12pt;"><font style="font-size: 8pt;">(Address of Principal Executive Offices)</font></div>
    <div style="text-align: center; font-size: 12pt;"><font style="font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: center; font-size: 12pt;">
      <div style="font-family: 'Times New Roman',Times,serif; font-weight: bold;">Peapack-Gladstone Financial Corporation 2021 Long-Term Incentive Plan</div>
      <div><br>
      </div>
    </div>
    <div style="text-align: center; font-size: 8pt;">(Full Title of the Plan)</div>
    <div style="text-align: center; font-size: 8pt;"> <br>
    </div>
    <div style="text-align: center;">Copies to:</div>
    <div style="text-align: center;"> <br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 47.34%; vertical-align: top;">
            <div style="text-align: center;">Jeffrey J. Carfora</div>
          </td>
          <td style="width: 5.34%; vertical-align: top;">&#160;</td>
          <td style="width: 47.32%; vertical-align: top;">
            <div style="text-align: center;">Lawrence M.F. Spaccasi, Esq.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.34%; vertical-align: top;">
            <div style="text-align: center;">Chief Financial Officer</div>
          </td>
          <td style="width: 5.34%; vertical-align: top;">&#160;</td>
          <td style="width: 47.32%; vertical-align: top;">
            <div style="text-align: center;">Jeffrey M. Cardone, Esq.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.34%; vertical-align: top;">
            <div style="text-align: center;">Peapack-Gladstone Financial Corporation</div>
          </td>
          <td style="width: 5.34%; vertical-align: top;">&#160;</td>
          <td style="width: 47.32%; vertical-align: top;">
            <div style="text-align: center;">Scott A. Brown, Esq.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.34%; vertical-align: top;">
            <div style="text-align: center;">500 Hills Drive, Suite 300</div>
          </td>
          <td style="width: 5.34%; vertical-align: top;">&#160;</td>
          <td style="width: 47.32%; vertical-align: top;">
            <div style="text-align: center;">Luse Gorman, PC</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.34%; vertical-align: top;">
            <div style="text-align: center;">Bedminster, New Jersey 07291</div>
          </td>
          <td style="width: 5.34%; vertical-align: top;">&#160;</td>
          <td style="width: 47.32%; vertical-align: top;">
            <div style="text-align: center;">5335 Wisconsin Ave., N.W., Suite 780</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.34%; vertical-align: top;">
            <div style="text-align: center;">(908) 234-0700</div>
          </td>
          <td style="width: 5.34%; vertical-align: top;">&#160;</td>
          <td style="width: 47.32%; vertical-align: top;">
            <div style="text-align: center;">Washington, DC 20015-2035</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.34%; vertical-align: top;">
            <div style="text-align: center;">(Name, Address and Telephone</div>
          </td>
          <td style="width: 5.34%; vertical-align: top;">&#160;</td>
          <td style="width: 47.32%; vertical-align: top;">
            <div style="text-align: center;">(202) 274-2000</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.34%; vertical-align: top;">
            <div style="text-align: center;">Number of Agent for Service)</div>
          </td>
          <td style="width: 5.34%; vertical-align: top;">&#160;</td>
          <td style="width: 47.32%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 47.34%; vertical-align: top;">&#160;</td>
          <td style="width: 5.34%; vertical-align: top;">&#160;</td>
          <td style="width: 47.32%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div style="background-color: #FFFFFF;">
      <div>Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated
        filer,&#8221; &#8220;smaller reporting company&#8221; and &#8220;emerging growth company&#8221; in Rule 12b-2 of the Exchange Act:</div>
      <div><br>
      </div>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 66.25%; vertical-align: top;">
            <div>Large accelerated filer&#160;&#9723;</div>
          </td>
          <td style="width: 33.75%; vertical-align: top;">
            <div>Accelerated filer&#160;&#8999;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 66.25%; vertical-align: top;">
            <div>Non-accelerated filer&#160;&#9723;&#160;&#160;</div>
          </td>
          <td style="width: 33.75%; vertical-align: top;">
            <div>Smaller reporting company&#160;&#9723;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 66.25%; vertical-align: top;">
            <div>Emerging growth company&#160;&#9723;</div>
          </td>
          <td style="width: 33.75%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>

    </table>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
      <div>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the
        Securities Act.&#160;&#9723;</div>
      <div>&#160;</div>
    </div>
    <div><br>
    </div>
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    </div>
    <div style="text-align: center; font-weight: bold;">CALCULATION OF REGISTRATION FEE</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 22.12%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">Title of</div>
            <div style="text-align: center;">Securities</div>
            <div style="text-align: center;">to be</div>
            <div style="text-align: center;">Registered</div>
          </td>
          <td style="width: 18.27%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">Amount</div>
            <div style="text-align: center;">to be</div>
            <div style="text-align: center;">Registered <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 19.62%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">Proposed</div>
            <div style="text-align: center;">Maximum</div>
            <div style="text-align: center;">Offering Price</div>
            <div style="text-align: center;">Per Share</div>
          </td>
          <td style="width: 21.43%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">Proposed</div>
            <div style="text-align: center;">Maximum</div>
            <div style="text-align: center;">Aggregate</div>
            <div style="text-align: center;">Offering Price</div>
          </td>
          <td style="width: 18.56%; vertical-align: bottom; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center;">Amount of</div>
            <div style="text-align: center;">Registration</div>
            <div style="text-align: center;">Fee</div>
          </td>
        </tr>
        <tr>
          <td style="width: 22.12%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div>Common stock, no par value per share</div>
          </td>
          <td style="width: 18.27%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">500,000</div>
          </td>
          <td style="width: 19.62%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">$13.93<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></div>
          </td>
          <td style="width: 21.43%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">$15,965,000</div>
          </td>
          <td style="width: 18.56%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">$1,742</div>
          </td>
        </tr>

    </table>
    <div>_________________________</div>
    <div style="text-align: justify;">
      <div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 36pt; vertical-align: top; align: right;">(1)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>
                  <div style="text-align: left;">Represents the maximum number of shares of the registrant&#8217;s common stock, no par value, (&#8220;Common Stock&#8221;) reserved for issuance pursuant to the Peapack-Gladstone Financial Corporation 2021 Long-Term Incentive
                    Plan (the &#8220;Plan&#8221;).&#160; Pursuant to Rule 416 under the Securities Act of 1933, as amended, (the &#8220;Securities Act&#8221;) this registration statement also covers additional shares that may become issuable under the Plan by reason of certain
                    corporate transactions or events, including any stock split, stock dividend or similar adjustment of the outstanding common stock of Peapack-Gladstone Financial Corporation (the &#8220;Company&#8221;) pursuant to 17 C.F.R. Section&#160;230.416(a).</div>
                </div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div style="text-align: justify;">
      <div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 36pt; vertical-align: top; align: right;">(2)</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>Determined pursuant to 17 C.F.R. Sections 230.45(h)(1).</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; text-indent: -36pt; margin-left: 36pt;">________________________</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">This Registration Statement shall become effective upon filing in accordance with Section 8(a) of the Securities Act of 1933 and 17 C.F.R. &#167; 230.462.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    </div>
    <div style="text-align: justify; margin-bottom: 12pt; font-weight: bold;">PART I.</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-weight: bold;">Items 1 and 2.&#160;&#160;Plan Information and Registrant Information and Employee Plan Annual Information</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The documents containing the information specified in Part I of Form S-8 have been or will be sent or given to participants in the Plan as specified by Rule 428(b)(1) promulgated
      by the Securities and Exchange Commission (the &#8220;Commission&#8221;) under the Securities Act.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Such documents are not being filed with the Commission, but constitute (along with the documents incorporated by reference into this Registration Statement pursuant to Item 3 of
      Part II hereof) a prospectus that meets the requirements of Section 10(a) of the Securities Act.</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-weight: bold;">PART II.</div>
    <div style="margin: 0px 0px 0px; font-weight: bold; text-align: justify;">Item 3.&#160;&#160;Incorporation of Documents by Reference</div>
    <br>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The following documents previously or concurrently filed with the Commission are hereby incorporated by reference in this Registration Statement:</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">(a)<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>The Company&#8217;s Annual Report on Form 10-K for the fiscal year
      ended December 31, 2020 (File No. 001-16197), filed with the Commission on <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1050743/000156459021012861/pgc-10k_20201231.htm">March 12, 2021</a>;</div>
    <div style="text-indent: 36pt; margin-bottom: 12pt;">(b)<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>All other reports filed by the Company pursuant to Section 13(a) or 15(d) of the
      Exchange Act since the end of the year covered by the Annual Report on Form 10-K referred to in (a) above; and</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">(c)<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>The description of the Company&#8217;s common stock contained in the
      Company&#8217;s Registration Statement on Form 8-A/A (Amendment No. 1) filed with the Commission on <a href="https://www.sec.gov/Archives/edgar/data/0001050743/000091431708002204/form8a12ba-94234_pgfc.htm">August 18, 2008</a> (File No. 001-16197), as
      updated by Exhibit 4.E to the Company&#8217;s Annual Report on Form 10-K for the year ended December 31, 2019 (File No. 001-16197), filed with the Commission on <a href="https://www.sec.gov/Archives/edgar/data/0001050743/000156459020010802/pgc-10k_20191231.htm">March 13, 2020</a>, including any amendment or report filed for the purpose of updating such information</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">All documents subsequently filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14, or 15(d) of the Exchange Act, after the date hereof, and prior to the
      filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to
      be a part thereof from the date of the filing of such documents.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Any statement contained in the documents incorporated, or deemed to be incorporated, by reference herein or therein shall be deemed to be modified or superseded for purposes of
      this Registration Statement and the prospectus to the extent that a statement contained herein or therein or in any other subsequently filed document which also is, or is deemed to be, incorporated by reference herein or therein modifies or
      supersedes such statement.&#160; Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement and the prospectus.</div>
    <div style="text-indent: 36pt;">All information appearing in this Registration Statement and the prospectus is qualified in its entirety by the detailed information, including financial statements, appearing in the documents incorporated herein or
      therein by reference.</div>
    <div> <br>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt; font-weight: bold;">Item 4.&#160;&#160;Description of Securities</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Not applicable.</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-weight: bold;">Item 5.&#160;&#160;Interests of Named Experts and Counsel</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">None.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="margin: 0px 0px 0px; font-weight: bold; text-align: justify;">Item 6.&#160;&#160;Indemnification of Directors and Officers</div>
    <br>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-style: italic;">Indemnification</font>. Article VI of the Company&#8217;s certificate of incorporation provides that the Company shall indemnify a director or officer of the Company or of
      a subsidiary of the Company against his reasonable expenses and all liabilities in connection with any proceeding involving that director or officer of the Company or a wholly-owned subsidiary of the Company, including a proceeding by or in the right
      of the Company or its wholly-owned subsidiary, unless such breach of duty is based on an act or omission (a) in breach of such person&#8217;s duty of loyalty to the Company or its shareholders; (b) not in good faith or involving a knowing violation of law;
      or (c) resulting in receipt by such person of an improper personal benefit. The Company shall advance or pay those reasonable expenses incurred by such director or officer in a proceeding as and when incurred, provided, however, that the director or
      officer shall, as a condition to receipt of such advances, undertake to repay all amounts advanced if it shall finally be adjudicated that the breach of duty by the director or officer was based upon an act or omission (a) in breach of such person&#8217;s
      duty of loyalty to the Company (and/or its subsidiary) or its shareholders; (b) not in good faith or involving a knowing violation of law; or (c) resulting in receipt by such person of an improper personal benefit.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">The New Jersey Business Corporation Act empowers a corporation to indemnify a corporate agent against his expenses and liabilities incurred in connection with any proceeding (other than a derivative
      lawsuit) involving the corporate agent by reason of his being or having been a corporate agent if (a) the agent acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the corporation, and (b) with
      respect to any criminal proceeding, the corporate agent had no reasonable cause to believe his conduct was unlawful. For purposes of the Act, the term &#8220;corporate agent&#8221; includes any present or former director, officer, employee or agent of the
      corporation, and a person serving as a &#8220;corporate agent&#8221; at the request of the corporation for any other enterprise.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">With respect to any derivative action, the corporation is empowered to indemnify a corporate agent against his expenses (but not his liabilities) incurred in connection with any proceeding involving
      the corporate agent by reason of his being or having been a corporate agent if the agent acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the corporation. However, only the court in which the
      proceeding was brought can empower a corporation to indemnify a corporate agent against expenses with respect to any claim, issue or matter as to which the agent was adjudged liable for negligence or misconduct.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">The corporation may indemnify a corporate agent in a specific case if a determination is made by any of the following that the applicable standard of conduct was met: (i) the board of directors, or a
      committee thereof, acting by a majority vote of a quorum consisting of disinterested directors; (ii) by independent legal counsel, if there is not a quorum of disinterested directors or if the disinterested quorum empowers counsel to make the
      determination; or (iii) by the shareholders.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">A corporate agent is entitled to mandatory indemnification to the extent that the agent is successful on the merits or otherwise in any proceeding, or in defense of any claim, issue or matter in the
      proceeding. If a corporation fails or refuses to indemnify a corporate agent, whether the indemnification is permissive or mandatory, the agent may apply to a court to grant him the requested indemnification. In advance of the final disposition of a
      proceeding, the corporation may pay an agent&#8217;s expenses if the agent agrees to repay the expenses unless it is ultimately determined he is entitled to indemnification.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-style: italic;">Exculpation. </font>Article VI of the Company&#8217;s certificate of incorporation provides that no director or officer of the Company, or of a subsidiary of the Company,
      shall be personally liable to the Company or to its shareholders for damages for breach of any duty owed to the Company or its shareholders unless such breach of duty is based on an act or omission (a) in breach of such person&#8217;s duty of loyalty to
      the Company (and/or its subsidiary) or its shareholders; (b) not in good faith or involving a knowing violation of law; or (c) resulting in receipt by such person of an improper benefit.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-style: italic;">Insurance.</font> The Company maintains insurance policies insuring the Company&#8217;s directors and officers against liability for wrongful acts or omissions arising out
      of their positions as directors and officers, subject to certain limitations.</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">2</font></div>
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt; font-weight: bold;">Item 7.&#160;&#160;Exemption From Registration Claimed</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Not applicable.</div>
    <div style="margin-bottom: 12pt;"><font style="font-weight: bold;">Item 8.</font><font style="display: inline-block; text-indent: 0px; width: 72pt;">&#160; <font style="font-weight: bold;">Exhibits.</font></font><font style="font-weight: bold;"></font></div>
    <div style="text-align: justify; margin-bottom: 12pt;">
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zd4bc55abbe2f4fc0b0023b222f78bd88">

          <tr>
            <td style="width: 19.92%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: center;">Regulation S-K</div>
              <div style="text-align: center;">Exhibit Number</div>
            </td>
            <td style="width: 2.82%; vertical-align: top;">&#160;</td>
            <td style="width: 44%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: center;">Document</div>
            </td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: bottom; border-bottom: #000000 2px solid;">
              <div style="text-align: center;">Reference to Prior Filing or</div>
              <div style="text-align: center;">Exhibit No. Attached Hereto</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: bottom;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top;">&#160;</td>
            <td style="width: 44%; vertical-align: bottom;">&#160;</td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">
              <div style="text-align: center;"><a href="https://www.sec.gov/Archives/edgar/data/0001050743/000091431709002063/form10q-103827_pgf.htm">4.1</a></div>
            </td>
            <td style="width: 2.82%; vertical-align: top;"><br>
            </td>
            <td style="width: 44%; vertical-align: top;">
              <div><a href="https://www.sec.gov/Archives/edgar/data/0001050743/000091431709002063/form10q-103827_pgf.htm">Certificate of Incorporation of Peapack-Gladstone Financial Corporation</a></div>
            </td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">
              <div>*</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top;">&#160;</td>
            <td style="width: 44%; vertical-align: top;">
              <div>&#160;</div>
            </td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">
              <div style="text-align: center;"><a href="https://www.sec.gov/Archives/edgar/data/0001050743/000117494717001805/form8k-19199_pgfc.htm">4.2</a></div>
            </td>
            <td style="width: 2.82%; vertical-align: top;"><br>
            </td>
            <td style="width: 44%; vertical-align: top;">
              <div><a href="https://www.sec.gov/Archives/edgar/data/0001050743/000117494717001805/form8k-19199_pgfc.htm">Bylaws of Peapack-Gladstone Financial Corporation</a></div>
            </td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">
              <div>**</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top;">&#160;</td>
            <td style="width: 44%; vertical-align: top;">
              <div style="font-size: 8pt;">&#160;</div>
            </td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">
              <div style="text-align: center;"><a href="exb5-s8_06292021.htm">5</a></div>
            </td>
            <td style="width: 2.82%; vertical-align: top;"><br>
            </td>
            <td style="width: 44%; vertical-align: top;">
              <div><a href="exb5-s8_06292021.htm">Opinion of Luse Gorman, PC</a></div>
            </td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">
              <div>Attached as Exhibit 5</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top;">&#160;</td>
            <td style="width: 44%; vertical-align: top;">&#160;</td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">
              <div style="text-align: center;"><a href="https://www.sec.gov/Archives/edgar/data/0001050743/000156459021014109/pgc-def14a_20210504.htm">10.1</a></div>
            </td>
            <td style="width: 2.82%; vertical-align: top;"><br>
            </td>
            <td style="width: 44%; vertical-align: top;">
              <div><a href="https://www.sec.gov/Archives/edgar/data/0001050743/000156459021014109/pgc-def14a_20210504.htm">Peapack-Gladstone Financial Corporation 2021 Long-Term Incentive Plan</a></div>
            </td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">
              <div>***</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top;">&#160;</td>
            <td style="width: 44%; vertical-align: top;">&#160;</td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">
              <div style="text-align: center;"><a href="ex102-s8_06292021.htm">10.2</a></div>
            </td>
            <td style="width: 2.82%; vertical-align: top;"><br>
            </td>
            <td style="width: 44%; vertical-align: top;">
              <div><a href="ex102-s8_06292021.htm">Form of Time-Based Restricted Stock Unit Award Agreement</a></div>
            </td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">
              <div>Attached as Exhibit 10.2</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top;">&#160;</td>
            <td style="width: 44%; vertical-align: top;">&#160;</td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">
              <div style="text-align: center;"><a href="exb5-s8_06292021.htm">23.1</a></div>
            </td>
            <td style="width: 2.82%; vertical-align: top;"><br>
            </td>
            <td style="width: 44%; vertical-align: top;">
              <div><a href="exb5-s8_06292021.htm">Consent of Luse Gorman, PC</a></div>
            </td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">
              <div>Contained in Exhibit 5</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top;">&#160;</td>
            <td style="width: 44%; vertical-align: top;">&#160;</td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">
              <div style="text-align: center;"><a href="ex232-s8_06292021.htm">23.2</a></div>
            </td>
            <td style="width: 2.82%; vertical-align: top;"><br>
            </td>
            <td style="width: 44%; vertical-align: top;">
              <div><a href="ex232-s8_06292021.htm">Consent of Independent Registered Public Accounting Firm</a></div>
            </td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">
              <div>Attached as Exhibit 23.2</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">&#160;</td>
            <td style="width: 2.82%; vertical-align: top;">&#160;</td>
            <td style="width: 44%; vertical-align: top;">&#160;</td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 19.92%; vertical-align: top;">
              <div style="text-align: center;"><a href="#POWEROFATTORNEY">24.1</a></div>
            </td>
            <td style="width: 2.82%; vertical-align: top;"><br>
            </td>
            <td style="width: 44%; vertical-align: top;">
              <div><a href="#POWEROFATTORNEY">Power of Attorney</a></div>
            </td>
            <td style="width: 2.66%; vertical-align: top;">&#160;</td>
            <td style="width: 30.6%; vertical-align: top;">
              <div>Contained on Signature Page</div>
            </td>
          </tr>

      </table>
      <div style="text-align: left; font-family: 'Times New Roman',Times,serif;">_________________________</div>
      <div style="text-align: left; margin-bottom: 12pt;"><br>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;" class="DSPFListTable">

            <tr>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman',Times,serif;">*<br>
              </td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman',Times,serif; text-align: left;">Incorporated by reference to Exhibit 3 of the Company&#8217;s Form 10-Q Quarterly Report filed on November 9, 2009 (File No. 001-16197).</div>
              </td>
            </tr>

        </table>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;" class="DSPFListTable" id="zc84d35e6b8f046dfa2c4ef3f7e36bc71">

          <tr>
            <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman',Times,serif;">**</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="font-family: 'Times New Roman',Times,serif; text-align: left;">Incorporated by reference to Exhibit 3.2 of the Company&#8217;s Form 8-K Current Report filed on December 20, 2017 (File No. 001-16197).</div>
            </td>
          </tr>

      </table>
      <div style="text-align: left; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif;">
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;" class="DSPFListTable">

            <tr>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman',Times,serif;">***<br>
              </td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman',Times,serif; text-align: left;">Incorporated by reference to Appendix A to the proxy statement for the Annual Meeting of Shareholders of Peapack-Gladstone Financial Corporation (File No.
                  001-16197), filed by the Company under the Exchange Act on March 18, 2021).</div>
              </td>
            </tr>

        </table>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">3</font></div>
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
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    </div>
  </div>
  <div><font style="font-weight: bold;">Item 9.&#160;&#160;Undertakings<br>
    </font><br>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The undersigned registrant hereby undertakes:</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">1.<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>To file, during any period in which offers or sales are being
      made, a post-effective amendment to the Registration Statement to include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the
      Registration Statement;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">2.<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>That, for the purpose of determining any liability under the
      Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <font style="font-style: italic;">bona fide</font> offering thereof;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">3.<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>To remove from registration by means of a post-effective
      amendment any of the securities being registered which remain unsold at the termination of the offering;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">4.<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>That, for purposes of determining any liability under the
      Securities Act, each filing of the registrant&#8217;s annual report pursuant to Section 13(a) or 15(d) of the Exchange Act that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the
      securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <font style="font-style: italic;">bona fide</font> offering thereof;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">5.<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>The undersigned registrant hereby undertakes that, for purposes
      of determining any liability under the Securities Act of 1933, each filing of the registrant's annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report
      pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that
      time shall be deemed to be the initial bona fide offering thereof; and</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">6.<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>Insofar as indemnification for liabilities arising under the
      Securities Act may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Commission such indemnification is against
      public policy as expressed in the Securities Act and is, therefore, unenforceable.&#160; In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer
      or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the
      opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be
      governed by the final adjudication of such issue.</div>
    <font style="font-weight: bold;"><br>
    </font><br>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; font-weight: normal; font-style: normal;">4</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
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    <div style="text-align: center; font-weight: bold;">SIGNATURES</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">
      <div style="text-indent: 36pt; margin-bottom: 12pt;"><font style="font-weight: bold;">The Registrant.</font>&#160; Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe
        that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the Township of Bedminster, State of New Jersey, on the 1st
        day of July, 2021</div>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 44.95%; vertical-align: top;">&#160;</td>
          <td style="width: 7.94%; vertical-align: top;">&#160;</td>
          <td style="width: 47.12%; vertical-align: top;">
            <div style="font-weight: bold;">PEAPACK-GLADSTONE FINANCIAL CORPORATION</div>
            <div>&#160;</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 44.95%; vertical-align: top;">&#160;</td>
          <td style="width: 7.94%; vertical-align: top;">
            <div style="text-align: right;">By:&#160;&#160; <br>
            </div>
          </td>
          <td style="width: 47.12%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: justify;">/s/ Douglas L. Kennedy</div>
          </td>
        </tr>
        <tr>
          <td style="width: 44.95%; vertical-align: top;">&#160;</td>
          <td style="width: 7.94%; vertical-align: top;">&#160;</td>
          <td style="width: 47.12%; vertical-align: top;">
            <div style="text-align: justify;">Douglas L. Kennedy</div>
          </td>
        </tr>
        <tr>
          <td style="width: 44.95%; vertical-align: top;">&#160;</td>
          <td style="width: 7.94%; vertical-align: top;">&#160;</td>
          <td style="width: 47.12%; vertical-align: top;">
            <div style="text-align: justify;">President and Chief Executive Officer</div>
          </td>
        </tr>
        <tr>
          <td style="width: 44.95%; vertical-align: top;">&#160;</td>
          <td style="width: 7.94%; vertical-align: top;">&#160;</td>
          <td style="width: 47.12%; vertical-align: top;">
            <div style="text-align: justify;">(Duly Authorized Representative)</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;"><a name="POWEROFATTORNEY"><!--Anchor--></a>POWER OF ATTORNEY</div>
    <br>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">We, the undersigned directors and officers of Peapack-Gladstone Financial Corporation (the &#8220;Company&#8221;) hereby severally constitute and appoint Douglas L. Kennedy and Jeffrey J.
      Carfora, and each of them, as our true and lawful attorneys and agents, to do any and all things in our names in the capacities indicated below which said Douglas L. Kennedy and Jeffrey J. Carfora may deem necessary or advisable to enable the Company
      to comply with the Securities Act of 1933, as amended, and any rules, regulations and requirements of the Securities and Exchange Commission, in connection with the registration of shares of common stock to be issued under the Peapack-Gladstone
      Financial Corporation 2021 Long-Term Incentive Plan, including specifically, but not limited to, power and authority to sign for us in our names in the capacities indicated below the registration statement and any and all amendments (including
      post-effective amendments) thereto; and we hereby approve, ratify and confirm all that said Douglas L. Kennedy and Jeffrey J. Carfora shall do or cause to be done by virtue thereof.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form S-8 has been signed by the following persons in the capacities and on
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          <td style="width: 26.97%; vertical-align: top;">
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            <div>&#160;</div>
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            <div>&#160;</div>
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
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          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">July 1, 2021</div>
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          <td style="width: 26.97%; vertical-align: top;">
            <div style="text-align: center;">Francessco S. Rossi</div>
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          <td style="width: 0.6%; vertical-align: top;">&#160;</td>
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          <td style="width: 26.97%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">/s/ F. Duffield Meyercord</div>
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          <td style="width: 0.6%; vertical-align: top;">&#160;</td>
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          <td style="width: 0.6%; vertical-align: top;">&#160;</td>
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          <td style="width: 26.97%; vertical-align: top;">
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          <td style="width: 0.6%; vertical-align: top;">&#160;</td>
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          <td style="width: 0.6%; vertical-align: top;">&#160;</td>
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          <td style="width: 26.97%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">/s/ Carmen M. Bowser</div>
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            <div>&#160;</div>
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          <td style="width: 49.4%; vertical-align: top;">
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
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          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">July 1, 2021</div>
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          <td style="width: 26.97%; vertical-align: top;">
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
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          <td style="width: 49.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
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          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">&#160;</div>
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
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          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">July 1, 2021</div>
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            <div>&#160;</div>
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          <td style="width: 49.4%; vertical-align: top;">
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
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          <td style="width: 22.44%; vertical-align: top;">
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            <div>&#160;</div>
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
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          <td style="width: 22.44%; vertical-align: top;">
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            <div>&#160;</div>
            <div>&#160;</div>
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
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          <td style="width: 49.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
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          <td style="width: 22.44%; vertical-align: top;">
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            <div>&#160;</div>
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          <td style="width: 49.4%; vertical-align: top;">
            <div style="text-align: center;">Director</div>
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 22.44%; vertical-align: top; text-align: center;">July 1, 2021</td>
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        <tr>
          <td style="width: 26.97%; vertical-align: top;" rowspan="2">
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          <td style="width: 0.6%; vertical-align: bottom;">&#160;</td>
          <td style="width: 49.4%; vertical-align: top;" rowspan="2">&#160;</td>
          <td style="width: 0.6%; vertical-align: bottom;">&#160;</td>
          <td style="width: 22.44%; vertical-align: top;" rowspan="2">&#160;</td>
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          <td style="width: 0.6%; vertical-align: bottom;">&#160;</td>
          <td style="width: 0.6%; vertical-align: bottom;">&#160;</td>
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          <td style="width: 26.97%; vertical-align: top; border-bottom: #000000 2px solid;">
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          </td>
          <td style="width: 0.6%; vertical-align: bottom;">&#160;</td>
          <td style="width: 49.4%; vertical-align: top;">
            <div style="text-align: center;">Director</div>
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          <td style="width: 0.6%; vertical-align: bottom;">&#160;</td>
          <td style="width: 22.44%; vertical-align: top; text-align: center;">July 1, 2021</td>
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          <td style="width: 26.97%; vertical-align: top;">
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
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          <td style="width: 49.4%; vertical-align: top;">
            <div style="text-align: center;">&#160;</div>
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
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          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">&#160;</div>
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 49.4%; vertical-align: top;">
            <div style="text-align: center;">Director</div>
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">July 1, 2021</div>
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        </tr>
        <tr>
          <td style="width: 26.97%; vertical-align: top;">
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          </td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 49.4%; vertical-align: top;">
            <div style="text-align: center;">&#160;</div>
          </td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 26.97%; vertical-align: top; border-bottom: #000000 2px solid;">
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          </td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 49.4%; vertical-align: top;">
            <div style="text-align: center;">Director</div>
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">July 1, 2021</div>
          </td>
        </tr>
        <tr>
          <td style="width: 26.97%; vertical-align: top;">
            <div style="text-align: center;">Steven A. Kass</div>
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          </td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 49.4%; vertical-align: top;">
            <div style="text-align: center;">&#160;</div>
          </td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 26.97%; vertical-align: top; border-bottom: #000000 2px solid;">
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          </td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 49.4%; vertical-align: top;">
            <div style="text-align: center;">Director</div>
          </td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">July 1, 2021</div>
          </td>
        </tr>
        <tr>
          <td style="width: 26.97%; vertical-align: top;">
            <div style="text-align: center;">Patrick J. Mullen</div>
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          </td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 49.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">&#160;</div>
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        </tr>
        <tr>
          <td style="width: 26.97%; vertical-align: top; border-bottom: #000000 2px solid;">
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          </td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 49.4%; vertical-align: top;">
            <div style="text-align: center;">Director</div>
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">July 1, 2021</div>
          </td>
        </tr>
        <tr>
          <td style="width: 26.97%; vertical-align: top;">
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          </td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 49.4%; vertical-align: top;">
            <div style="text-align: center;">&#160;</div>
          </td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 26.97%; vertical-align: top; border-bottom: #000000 2px solid;">
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 49.4%; vertical-align: top;">
            <div style="text-align: center;">Director</div>
          </td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">July 1, 2021</div>
          </td>
        </tr>
        <tr>
          <td style="width: 26.97%; vertical-align: top;">
            <div style="text-align: center;">Tony Spinelli</div>
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 49.4%; vertical-align: top;">&#160;</td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 22.44%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 26.97%; vertical-align: top; border-bottom: #000000 2px solid;">
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 49.4%; vertical-align: top;">
            <div style="text-align: center;">Director</div>
          </td>
          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">July 1, 2021</div>
          </td>
        </tr>
        <tr>
          <td style="width: 26.97%; vertical-align: top;">
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 49.4%; vertical-align: top;">
            <div style="text-align: center;">&#160;</div>
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          <td style="width: 0.6%; vertical-align: bottom;">
            <div>&#160;</div>
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          <td style="width: 22.44%; vertical-align: top;">
            <div style="text-align: center;">&#160;</div>
          </td>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5
<SEQUENCE>2
<FILENAME>exb5-s8_06292021.htm
<DESCRIPTION>OPINION OF LUSE GORMAN, PC
<TEXT>
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    <title></title>
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    <div style="text-align: right; font-size: 12pt; font-weight: bold;"> <font style="font-size: 10pt;">EXHIBIT 5</font><br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">LUSE GORMAN, PC</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">A PROFESSIONAL CORPORATION</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">ATTORNEYS AT LAW</div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">5335 WISCONSIN AVENUE, N.W., SUITE 780</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">WASHINGTON, D.C. 20015</div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">TELEPHONE (202) 274-2000</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">FACSIMILE (202) 362-2902</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">www.luselaw.com</div>
    <div><br>
    </div>
    <div>July 1, 2021</div>
    <div><br>
    </div>
    <div>Board of Directors</div>
    <div>Peapack-Gladstone Financial Corporation</div>
    <div>500 Hills Drive, Suite 300</div>
    <div>Bedminster, New Jersey 07921</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z0bc68e0e41954e60a22e9781f51342c8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; align: right; font-weight: bold;">Re:</td>
          <td style="width: auto; vertical-align: top;">
            <div><font style="font-weight: bold;">Peapack-Gladstone Financial Corporation</font>&#160;<font style="font-weight: bold;">2021 Long-Term Incentive Plan</font></div>
          </td>
        </tr>

    </table>
    <div style="margin-left: 72pt; font-weight: bold;">Registration Statement on Form S-8</div>
    <div><br>
    </div>
    <div>Ladies and Gentlemen:</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">You have requested the opinion of this firm as to certain matters in connection with the registration of 500,000 shares of common stock, no par value (the &#8220;Shares&#8221;), of Peapack-Gladstone Financial
      Corporation (the &#8220;Company&#8221;) to be issued pursuant to the Peapack-Gladstone Financial Corporation 2021 Long-Term Incentive Plan (the &#8220;Plan&#8221;).</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">In rendering the opinion expressed herein, we have examined originals or copies, certified or otherwise identified to our satisfaction of the following: (i) the Company&#8217;s Registration Statement on
      Form S-8 (the &#8220;Form S-8&#8221;) to be filed with the Securities Exchange Commission (the &#8220;Commission&#8221;) under the Securities Act of 1933, as amended (the &#8220;Act&#8221;), on the date hereof; (ii) the Certificate of Incorporation of the Company, as amended to date
      and currently in effect; (iii) the Bylaws of the Company, as amended to date and currently in effect; (iv) the Plan; (v) certain resolutions of the board of directors of the Company relating to the approval of the Plan, the filing of the Registration
      Statement, and certain related matters; and (vi) applicable statutes and regulations governing the Company.&#160; We have assumed the authenticity, accuracy and completeness of all documents in connection with the opinion expressed herein.&#160; We have also
      assumed the legal capacity and genuineness of the signatures of persons signing all documents in connection with which the opinions expressed herein are rendered.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">Based on the foregoing, we are of the following opinion:</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">Following the effectiveness of the Form S-8, the Shares of the Company, when issued in accordance with the terms and conditions of the Plan, will be legally issued, fully paid and non-assessable.</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">This opinion has been prepared solely for the use of the Company in connection with the preparation and filing of the Form S-8, and shall not be used for any other purpose or relied upon by any other
      person without the prior express written consent of this firm.&#160; We hereby consent to the use of this opinion in the Form S-8.&#160; By giving such consent, we do not hereby admit that we are in the category of persons whose consent is required under
      Section&#160;7 of the Act.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z1159616ab759407f8639f5dd62e2b440" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 49.86%; vertical-align: top;">&#160;</td>
          <td style="width: 50.14%; vertical-align: top;">
            <div>Very truly yours,</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.86%; vertical-align: top;">&#160;</td>
          <td style="width: 50.14%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.86%; vertical-align: top;">&#160;</td>
          <td style="width: 50.14%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 49.86%; vertical-align: top;">&#160;</td>
          <td style="width: 50.14%; vertical-align: top; border-bottom: #000000 2px solid;">/s/ Luse Gorman, PC<br>
          </td>
        </tr>
        <tr>
          <td style="width: 49.86%; vertical-align: top;">&#160;</td>
          <td style="width: 50.14%; vertical-align: top;">
            <div>LUSE GORMAN, PC</div>
          </td>
        </tr>

    </table>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>ex102-s8_06292021.htm
<DESCRIPTION>FORM OF RESTRICTED STOCK UNIT AWARD AGREEMENT
<TEXT>
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  <div style="text-align: right;"><font style="font-weight: bold;">EXHIBIT 10.2</font><br>
  </div>
  <div><br>
  </div>
  <br>
  <div style="text-align: justify;">Name of Employee: &#171;FIRSTNAME&#187; &#171;LASTNAME&#187;<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 360pt">&#160;</font>No. of Shares: &#171;<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 12pt">&#160;</font>&#160;&#160; &#187;</div>
  <div><br>
  </div>
  <div style="text-align: center; font-weight: bold;">PEAPACK-GLADSTONE FINANCIAL CORPORATION</div>
  <div style="text-align: center; font-weight: bold;"><u>RESTRICTED STOCK UNIT AWARD AGREEMENT (&#8220;AGREEMENT&#8221;)</u></div>
  <div><br>
  </div>
  <div style="text-align: justify;">PEAPACK-GLADSTONE FINANCIAL CORPORATION, a New Jersey corporation (&#8220;Company&#8221;), this ____ day of __________, _____ (&#8220;Award Date&#8221;) hereby grants to &#171;FIRSTNAME&#187;
    &#171;LASTNAME&#187; (&#8220;Employee&#8221;), an employee of the Company or a subsidiary thereof, pursuant to the Company&#8217;s 2021 Long-Term Stock Incentive Plan (as amended from time to time, the &#8220;Plan&#8221;), a restricted stock unit award in the amount and on the terms and
    conditions hereinafter set forth. Each restricted stock unit represents the unfunded right to receive one share of the Common Stock, no par value, of the Company (&#8220;Share&#8221;) subject to the restrictions set forth herein (&#8220;Restricted Stock Unit&#8221;).</div>
  <div><br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z355c32806a8a4d25aab7f651acf9b71d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right;">
            <div style="margin-left: 18pt;">1.</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;"><u>Incorporation by Reference of Plan</u>. The provisions of
              the Plan, a copy of which is being furnished herewith to the Employee, are incorporated by reference herein and shall govern as to all matters not expressly provided for in this Agreement. Capitalized terms not defined herein have the
              meanings set forth in the Plan. In the event of any conflict between the terms of this Agreement and the Plan, the terms of the Plan shall govern.</div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z3e6f62fa377a42d79b11069d3edc4df1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right;">
            <div style="margin-left: 18pt;">2.</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;"><u>Award of Restricted Stock Units</u>. The Company hereby
              awards the Employee &#171;&#160;&#160; &#187; Restricted Stock Units (the &#8220;Units&#8221;).&#160; A record of the Units awarded hereunder shall be evidenced by the Company in restricted book entry accounts maintained for the Employee by the Company&#8217;s transfer agent, or such
              other administrator designated by the Committee, until payment of the purchase price, if any, is made by or on behalf of the Employee and all the restrictions (&#8220;Restrictions&#8221;) specifically set forth in this Agreement and in Section 9(c) of
              the Plan with respect to the Units shall expire or be cancelled and all required tax withholding obligations are satisfied, at which time the Company shall issue to the Employee a stock certificate (or an applicable book entry shall be made
              in the book entry account maintained for the Employee) with respect to such Shares underlying the vested Units, free of all Restrictions. The Units shall have no voting rights. The Units shall be credited with Dividend Equivalents as set
              forth in Section 9(d) of the Plan. However, any Dividend Equivalents paid on the Units shall be credited to the restricted book entry account maintained on the Employee&#8217;s behalf until the Restrictions with respect to the Units upon which such
              Dividend Equivalents were paid, expire or are cancelled, at which time the Company shall evidence the delivery to the Employee of all such Dividend Equivalents, with interest, if any. If the Employee forfeits any Units awarded hereunder, such
              Units and any Dividend Equivalents with respect thereto, with interest, if any, shall automatically revert to the Company (without any payment by the Company to the Employee) and shall no longer be reflected in the restricted book entry
              account maintained for the Employee.</div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="zb4fd5cf233f24265874dd636efbcade6" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right;">
            <div style="margin-left: 18pt;">3.</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;"><u>Restrictions</u>. (a)<u>Vesting</u>. The Units and related Dividend Equivalents shall not be delivered to the Employee and may not be sold, assigned, transferred, pledged or otherwise
                encumbered by the Employee until such Units have vested in the Employee in accordance with the following schedule:</div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <table cellspacing="0" cellpadding="0" id="zc70b7901876042e0b741c1d2063b6993" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 50.25%; vertical-align: top; border-bottom: 2px solid black;">
          <div style="text-align: center;">Percentage of Units Vesting</div>
        </td>
        <td style="width: 49.75%; vertical-align: top; border-bottom: 2px solid black;">
          <div style="text-align: center;">Date of Vesting</div>
        </td>
      </tr>
      <tr>
        <td style="width: 50.25%; vertical-align: top;">
          <div style="text-align: center;">33%</div>
        </td>
        <td style="width: 49.75%; vertical-align: top;">
          <div style="text-align: center;">1 yr after Award Date</div>
        </td>
      </tr>
      <tr>
        <td style="width: 50.25%; vertical-align: top;">
          <div style="text-align: center;">33%</div>
        </td>
        <td style="width: 49.75%; vertical-align: top;">
          <div style="text-align: center;">2 yrs after Award Date</div>
        </td>
      </tr>
      <tr>
        <td style="width: 50.25%; vertical-align: top;">
          <div style="text-align: center;">34%</div>
        </td>
        <td style="width: 49.75%; vertical-align: top;">
          <div style="text-align: center;">3 yrs after Award Date</div>
        </td>
      </tr>
      <tr>
        <td style="width: 50.25%; vertical-align: top;">
          <div>Total:<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; width: 53.25pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 100%</div>
        </td>
        <td style="width: 49.75%; vertical-align: top;">
          <div style="text-align: center;">3 yrs after Award Date</div>
        </td>
      </tr>

  </table>
  <div><br>
  </div>
  <div style="text-align: justify; margin-left: 36pt;">(b) <u>Forfeiture</u>. Units not yet vested (and any
    related Dividend Equivalents and interest) shall be forfeited and automatically transferred to the Company upon the Employee&#8217;s ceasing to be employed by the Company and its subsidiaries for any reason other than death, Disability, Retirement or
    termination without Cause or resignation with Good Reason within two years</div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">1</font></div>
    <div id="DSPFPageBreak" style="page-break-after:always;">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
  </div>
  <div style="text-align: justify; margin-left: 36pt;">after a Change in Control. Upon termination of employment by reason of death, Disability or Retirement, or termination without Cause or
    resignation with Good Reason within two years after a Change in Control, all restrictions upon the Units shall thereupon immediately lapse. The Plan defines Retirement as follows:</div>
  <div><br>
  </div>
  <div style="text-align: justify; margin-right: 37.45pt; margin-left: 72pt;">&#8220;Retirement&#8221; means the retirement from active employment of an employee or officer, but only if such person meets
    all of the following requirements: (i) he has a minimum combined total of years of service to the Company or any Subsidiary (excluding service to any acquired company) and age equal to eighty (80), (ii) he is age sixty-two (62) or older, and (iii) he
    provides six (6) months prior written notice to the Company of the retirement.</div>
  <div><br>
  </div>
  <div style="text-align: justify; margin-left: 36pt;">If the Employee retires but fails to meet such conditions, he or she shall not be deemed to be within the definition of Retirement for any
    purpose under the Plan and this Agreement.</div>
  <div><br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z4964b3cc5412473d8eb3f2b901bb3265" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right;">
            <div style="margin-left: 18pt;">4.</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;"><u>Registration</u>. If Shares are issued in a transaction
              exempt from registration under the Securities Act of 1933, as amended, then, if deemed necessary by Company&#8217;s counsel, as a condition to the Company issuing the Shares underlying the vested Units, the Employee shall represent in writing to
              the Company that he or she is acquiring the Shares for investment purposes only and not with a view to distribution or resale, and any certificates representing the Shares shall bear the following legend:</div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify; margin-right: 37.45pt; margin-left: 72pt;">&#8220;These shares have not been registered under the Securities Act of 1933, as amended. No transfer of the shares may
    be effected without an opinion of counsel to the Company stating that the transfer is exempt from registration under the Securities Act of 1933 and any applicable state securities laws or that the transfer of the shares is covered by an effective
    registration statement with respect to the shares.&#8221;</div>
  <div><br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="zb75b87b223ce44be8e7a288b50f70c3e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right;">
            <div style="margin-left: 18pt;">5.</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;"><u>Acceptance of Provisions</u>. The execution of this
              Agreement by the Employee shall constitute the Employee&#8217;s acceptance of and agreement to all of the terms and conditions of the Plan and this Agreement.</div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z4d938edb521247abbf304f10dcfc5490" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right;">
            <div style="margin-left: 18pt;">6.</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;"><u>Notices</u>. All notices and other communications required
              or permitted under the Plan and this Agreement shall be in writing and shall be given either by (i) personal delivery or regular mail, in each case against receipt, or (ii) first class registered or certified mail, return receipt requested.
              Any such communication shall be deemed to have been given (a) on the date of receipt in the cases referred to in clause (i) of the preceding sentence and (b) on the second day after the date of mailing in the cases referred to in clause (ii)
              of the preceding sentence. All such communications to the Company shall be addressed to it, to the attention of its Secretary, at its then principal office and to the Employee at his or her last address appearing on the records of the Company
              or, in each case, to such other person or address as may be designated by like notice hereunder. Notice may also be provided to the Secretary of the Company or to the Employee by facsimile or electronic mail, and any such communication shall
              be deemed to be effective upon receipt, provided confirmation of transmission is electronically generated and kept on file by the sending party.</div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z767039439586484e946d7de139d64ca4" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right;">
            <div style="margin-left: 18pt;">7.</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;"><u>Taxes</u>. The Employee generally will be subject to tax at
              ordinary income rates on the fair market value of the Shares underlying the Units and accrued Dividend Equivalents at the time they are received by the Employee. The foregoing statement of tax consequences is intended only as a generalized
              statement of current Federal tax law (as in existence on the date of this Agreement) and the Employee should consult his or her tax consultant to determine the specific tax consequences of this award from time to time. In accordance with
              Section 19(b) of the Plan, the Company will have the power to withhold, or require the Employee to remit to the Company promptly upon notification of the amount due, an amount sufficient to satisfy</div>
          </td>
        </tr>

    </table>
  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">2</font></div>
    <div id="DSPFPageBreak" style="page-break-after:always;">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="z9f6b490f8b08448abd7eafda797660b8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right;">
            <div style="margin-left: 18pt;">8.</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;">Federal, state and local withholding tax requirements with respect to the vesting of the Units, and delivery of the Shares shall not occur unless
              and until such requirements are satisfied. If requested by the Employee in advance, the Committee shall cancel Shares to be delivered to the Employee having a Fair Market Value, on the day preceding the date of delivery of the Shares
              underlying the Units, equal to the aggregate required tax withholding in connection with delivery of such Shares, and apply the value of such Shares as payment for the Employee&#8217;s aggregate required tax withholding. A sample form to be used in
              making this request is attached.</div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" id="zcad92a170ddc4cd69f5e36baab284054" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right;">
            <div style="margin-left: 18pt;">9.</div>
          </td>
          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;"><u>Miscellaneous</u>. This Agreement and the Plan contain a
              complete statement of all the arrangements between the parties with respect to their subject matter, and this Agreement cannot be changed except by a writing executed by both parties. This Agreement shall be governed by and construed in
              accordance with the laws of the State of New Jersey applicable to agreements made and to be performed exclusively in New Jersey. The headings in this Agreement are solely for convenience of reference and shall not affect its meaning or
              interpretation.</div>
          </td>
        </tr>

    </table>
  </div>
  <div><br>
  </div>
  <div style="text-align: justify; text-indent: 36pt;">IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.</div>
  <div><br>
  </div>
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          <div style="text-align: justify;">PEAPACK-GLADSTONE FINANCIAL CORPORATION</div>
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          <div style="text-align: justify;">EMPLOYEE</div>
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          <div style="text-align: justify;">By: ____________________________________________<br>
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          <div style="text-align: justify;">By:______________________________________</div>
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          <div style="text-align: justify;">Signature of Employee</div>
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  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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  <div style="text-align: center;">**THIS FORM MUST BE SUBMITTED IN ADVANCE OF VESTING AND MAY ONLY BE SUBMITTED WHEN NO BLACKOUT PERIOD IS IN EFFECT.**</div>
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  <div style="text-align: center; font-weight: bold;">PEAPACK-GLADSTONE FINANCIAL CORPORATION</div>
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  <div style="text-align: center; font-weight: bold;">Tax Withholding Election Form</div>
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  <div style="text-align: justify;">The undersigned has received, pursuant to the Company&#8217;s 2021 Long-Term Incentive Plan (the &#8220;Plan&#8221;), the unfunded right to receive shares of the Common Stock,
    no par value, of the Company (&#8220;Restricted Stock Units&#8221;) subject to the restrictions set forth in a Restricted Stock Unit Award Agreement (the &#8220;Agreement&#8221;) dated _________. Capitalized terms used herein without definition shall have the meanings
    ascribed to them in the Plan.</div>
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  <div style="text-align: justify;">With respect to the satisfaction of any and all withholding tax obligations that may arise upon delivery of Shares underlying the Restricted Stock Units and
    pursuant to Section 7 (Taxes) of the Agreement, the undersigned hereby voluntarily elects (please choose one and initial on the space provided):</div>
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            <div style="margin-left: 36pt;">(i)</div>
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          <td style="width: auto; vertical-align: top;">
            <div style="text-align: justify;">to have the Company withhold a number of shares of Common Stock otherwise issuable or deliverable sufficient to cover the undersigned&#8217;s withholding
              tax obligations in connection with the delivery of Shares underlying the Restricted Stock Units subject to the Agreement, with the number of withheld shares determined based on the fair market value as of the date preceding the delivery date.</div>
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            <div style="text-align: justify;">to withdraw the voluntary election dated _______ in connection with the delivery of Shares underlying the Restricted Stock Units pursuant to the
              Agreement.</div>
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  <div style="text-align: justify;">The undersigned understands that the Company shall defer issuance and delivery of Common Stock until all tax withholding requirements are satisfied.</div>
  <div><br>
  </div>
  <div style="text-align: justify;">The vesting of the Restricted Stock Units subject to the Agreement may at times occur during a blackout period. In such an event, you would be unable to
    elect to have shares of Common Stock withheld to cover withholding tax obligations. Thus, consistent with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, where item (i) above is checked, this Tax Withholding Election Form serves as your
    authorization to have the Company withhold a number of shares of Common Stock otherwise issuable or deliverable sufficient to cover the undersigned&#8217;s withholding tax obligations in connection with the delivery of Shares pursuant to the Agreement.</div>
  <div><br>
  </div>
  <div style="text-align: justify; font-weight: bold;">By executing this Tax Withholding Election Form, the undersigned represents and warrants that as of the date hereof he/she is not aware of
    any material nonpublic information with respect to the Company or any of its securities.</div>
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          <div style="text-align: justify;">DATE:_______________________________</div>
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        <td style="width: 50.01%; vertical-align: top;">&#160;__________________________________________</td>
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        <td style="width: 49.99%; vertical-align: top;">&#160;</td>
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          <div style="text-align: justify;">[NAME]</div>
        </td>
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  <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">4</font></div>
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<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>4
<FILENAME>ex232-s8_06292021.htm
<DESCRIPTION>CONSENT OF CROWE, LLP
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    <div style="text-align: right; font-weight: bold;"> EXHIBIT 23.2<br>
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    <div style="text-align: center;">CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>
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    <div style="text-align: justify;">We consent to the incorporation by reference in this Registration Statement on Form S-8 of Peapack-Gladstone Financial Corporation of our report dated March 12, 2021, relating to the consolidated financial statements
      and effectiveness of internal control over financial reporting appearing in the Annual Report on Form 10-K of Peapack-Gladstone Financial Corporation for the year ended December 31, 2020.</div>
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    <div style="text-indent: 252pt;">/s/ Crowe LLP</div>
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    <div style="text-align: justify;">Livingston, New Jersey</div>
    <div>July 1, 2021</div>
    <div>&#160;</div>
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