MICHAEL J. FITZPATRICK - 07 Feb 2022 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
Executive Vice President & CFO
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Issuer symbol
OCFC
Transactions as of
07 Feb 2022
Net transactions value
-$95,087
Form type
4
Filing time
09 Feb 2022, 08:23:40 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Common Stock Options Exercise $414,900 +30,000 +19% $13.83 187,261 07 Feb 2022 Direct F1
transaction OCFC Common Stock Tax liability $509,987 -22,656 -12% $22.51 164,605 07 Feb 2022 Direct F1
holding OCFC Common Stock 92,978 07 Feb 2022 By Esop F2
holding OCFC Common Stock 2,948 07 Feb 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 -30,000 -100% $0.000000* 0 07 Feb 2022 Common Stock 30,000 $13.83 Direct
holding OCFC Stock Option (right to buy) 22,500 07 Feb 2022 Common Stock 22,500 $14.62 Direct
holding OCFC Stock Option (right to buy) 22,500 07 Feb 2022 Common Stock 22,500 $17.75 Direct
holding OCFC Stock Option (right to buy) 22,500 07 Feb 2022 Common Stock 22,500 $17.37 Direct
holding OCFC Stock Option (right to buy) 22,500 07 Feb 2022 Common Stock 22,500 $17.28 Direct
holding OCFC Stock Option (right to buy) 22,500 07 Feb 2022 Common Stock 22,500 $29.01 Direct
holding OCFC Stock Option (right to buy) 7,767 07 Feb 2022 Common Stock 7,767 $27.40 Direct
holding OCFC Stock Option (right to buy) 50,337 07 Feb 2022 Common Stock 50,337 $25.20 Direct F3
holding OCFC Stock Option (right to buy) 76,791 07 Feb 2022 Common Stock 76,791 $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.