Michael J. Fitzpatrick - Feb 7, 2022 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
Executive Vice President & CFO
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Stock symbol
OCFC
Transactions as of
Feb 7, 2022
Transactions value $
-$95,087
Form type
4
Date filed
2/9/2022, 08:23 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Common Stock Options Exercise $415K +30K +19.08% $13.83 187K Feb 7, 2022 Direct F1
transaction OCFC Common Stock Tax liability -$510K -22.7K -12.1% $22.51 165K Feb 7, 2022 Direct F1
holding OCFC Common Stock 93K Feb 7, 2022 By Esop F2
holding OCFC Common Stock 2.95K Feb 7, 2022 By 401(k) F2

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
transaction OCFC Stock Option (right to buy) Options Exercise $0 -30K -100% $0.00* 0 Feb 7, 2022 Common Stock 30K $13.83 Direct
holding OCFC Stock Option (right to buy) 22.5K Feb 7, 2022 Common Stock 22.5K $14.62 Direct
holding OCFC Stock Option (right to buy) 22.5K Feb 7, 2022 Common Stock 22.5K $17.75 Direct
holding OCFC Stock Option (right to buy) 22.5K Feb 7, 2022 Common Stock 22.5K $17.37 Direct
holding OCFC Stock Option (right to buy) 22.5K Feb 7, 2022 Common Stock 22.5K $17.28 Direct
holding OCFC Stock Option (right to buy) 22.5K Feb 7, 2022 Common Stock 22.5K $29.01 Direct
holding OCFC Stock Option (right to buy) 7.77K Feb 7, 2022 Common Stock 7.77K $27.40 Direct
holding OCFC Stock Option (right to buy) 50.3K Feb 7, 2022 Common Stock 50.3K $25.20 Direct F3
holding OCFC Stock Option (right to buy) 76.8K Feb 7, 2022 Common Stock 76.8K $20.44 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total includes shares of restricted Common Stock that have not yet vested.
F2 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
F3 Options vest in three equal annual installments beginning on the date first exercisable.