SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. ____________)1
PEAPACK-GLADSTONE FINANCIAL CORPORATION
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(Name of Issuer)
Common Stock, no par value
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(Title of Class of Securities)
704699-10-7
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(CUSIP Number)
(Date of Event Which Requires Filing of this Statement) January 7, 2000
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Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
1. The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 6 pages
<PAGE>
<TABLE>
<CAPTION>
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CUSIP No. 704699-10-7 13G
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<S> <C> <C>
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
James M. Weichert
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP* (a) [ ]
(b) [ ]
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3
SEC USE ONLY
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4
CITIZENSHIP OR PLACE OF
ORGANIZATION
UNITED STATES
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NUMBER OF 5 SOLE VOTING POWER
SHARES 286,730
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BENEFICIALLY 6
SHARED VOTING OWNED BY POWER 0
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EACH
7
REPORTING SOLE DISPOSITIVE POWER 9.98%
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PERSON
8
WITH SHARED DISPOSITIVE POWER 0
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9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 286,730
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10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
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11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.98%
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12
TYPE OF REPORTING PERSON* IN
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</TABLE>
* SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 6 pages
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Item 1(a). Name of Issuer:
Peapack-Gladstone Financial Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
158 Route 206 North
Gladstone, New Jersey 07934
Item 2(a). Name of Person Filing:
James M. Weichert
Item 2(b). Address of Principal Business Office or, if None, Residence:
1625 State Highway 10
Morris Plains, New Jersey 07950
Item 2(c). Citizenship:
United States citizen
Item 2(d). Title of Class of Securities:
Common Stock, no par value per share
Item 2(e). CUSIP Number:
704699-10-7
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), Check Whether the Person Filing is a:
(a) Broker or dealer registered under Section 15 of the Exchange
Act.
(b) Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) Insurance company as defined in Section 3(a)(19) of the
Exchange Act.
(d) Investment company registered under Section 8 of the
Investment Company Act.
(e) An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
Page 3 of 6 pages
<PAGE>
(f) An employee benefit plan or endowment fund in accordance with
Rule13d-1(b)(1)(ii)(F);
(g) A parent holding company or control person in accordance with
Rule 13d-1(b)(ii)(G);
(h) A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4. Ownership.
Provide the following information regarding the aggregate
number and percentage of the class of securities of the issuer
identified in Item 1.
(a) Amount beneficially owned:
286,730
(b) Percent of class:
9.98%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
286,730
(ii) Shared power to vote or to direct the vote
Not applicable.
(iii) Sole power to dispose or to direct the disposition of
286,730
(iv) Shared power to dispose or to direct the disposition of
Not applicable.
Page 4 of 6 pages
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Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certifications.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
Page 5 of 6 pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 8, 2000
JAMES M. WEICHERT
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James M. Weichert
Page 6 of 6 pages