Steven James Tsimbinos - 11 Feb 2022 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
Executive VP/Corp. Secretary
Signature
/s/ Steven J. Tsimbinos
Issuer symbol
OCFC
Transactions as of
11 Feb 2022
Net transactions value
-$169,444
Form type
4
Filing time
15 Feb 2022, 09:13:16 UTC
Next filing
02 Mar 2022
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 $140,029 +10,125 +11% $13.83 106,061 11 Feb 2022 Direct F1
transaction OCFC Common Stock Tax liability $169,444 -7,595 -7.2% $22.31 98,466 11 Feb 2022 Direct F1
holding OCFC Common Stock 6,481 11 Feb 2022 By 401(k) F2
holding OCFC Common Stock 4,192 11 Feb 2022 By ESOP F2
holding OCFC Series A Redeemable Preferred Stock 1,000 11 Feb 2022 Direct

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 $140,029 -10,125 -100% $13.83 0 11 Feb 2022 Common Stock 10,125 $13.83 Direct
holding OCFC Stock Option (right to buy) 11,250 11 Feb 2022 Common Stock 11,250 $14.62 Direct
holding OCFC Stock Option 13,125 11 Feb 2022 Common Stock 13,125 $17.75 Direct
holding OCFC Stock Option (Right to Buy 13,125 11 Feb 2022 Common Stock 13,125 $17.37 Direct
holding OCFC Stock Option (right to buy) 15,000 11 Feb 2022 Common Stock 15,000 $17.28 Direct
holding OCFC Stock Option (right to buy) 37,500 11 Feb 2022 Common Stock 37,500 $29.01 Direct F3
holding OCFC Stock Option (right to buy) 12,915 11 Feb 2022 Common Stock 12,915 $27.40 Direct F3
holding OCFC Stock Option (right to buy) 50,335 11 Feb 2022 Common Stock 50,335 $25.20 Direct F3
holding OCFC Stock Option (right to buy) 76,790 11 Feb 2022 Common Stock 76,790 $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 five equal annual installments beginning on the date first exercisable.