Joseph Lebel III - 07 May 2021 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Issuer symbol
OCFC
Transactions as of
07 May 2021
Net transactions value
+$27,820
Form type
4
Filing time
22 Jun 2021, 15:11:00 UTC
Next filing
02 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Series A Redeemable Preferred Stock Purchase $27,820 +1,000 $27.82 1,000 07 May 2021 Direct F1
holding OCFC Common Stock 136,355 07 May 2021 Direct F2
holding OCFC Common Stock 10,678 07 May 2021 By 401(k) F3
holding OCFC Common Stock 10,137 07 May 2021 By ESOP F3
holding OCFC Common Stock 751 07 May 2021 By Spouse F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding OCFC Stock Option (right to buy) 11,250 07 May 2021 Common Stock 11,250 $14.55 Direct
holding OCFC Stock Option (right to buy) 4,875 07 May 2021 Common Stock 4,875 $17.75 Direct
holding OCFC Stock Option (right to buy) 30,000 07 May 2021 Common Stock 30,000 $17.37 Direct
holding OCFC Stock Option (right to buy) 37,500 07 May 2021 Common Stock 37,500 $17.28 Direct
holding OCFC Stock Option (right to buy) 45,000 07 May 2021 Common Stock 45,000 $29.01 Direct F5
holding OCFC Stock Option (right to buy) 15,485 07 May 2021 Common Stock 15,485 $27.40 Direct F5
holding OCFC Stock Option (right to buy) 100,670 07 May 2021 Common Stock 100,670 $25.20 Direct F5
holding OCFC Stock Option (right to buy) 153,585 07 May 2021 Common Stock 153,585 $20.44 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The actual title of this share class is "Depository shares, each representing a 1/40th Interest in a share of its 7.00 % Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share".
F2 Total includes shares of restricted Common stock that have not yet vested.
F3 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
F4 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16a-11.
F5 Options vest in five equal annual installments beginning on the date first exercisable.