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

Role
Executive VP/Corp. Secretary
Signature
/s/ Steven J. Tsimbinos
Stock symbol
OCFC
Transactions as of
Feb 11, 2022
Transactions value $
-$169,444
Form type
4
Date filed
2/15/2022, 09:13 AM
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Common Stock Options Exercise $140K +10.1K +10.55% $13.83 106K Feb 11, 2022 Direct F1
transaction OCFC Common Stock Tax liability -$169K -7.6K -7.16% $22.31 98.5K Feb 11, 2022 Direct F1
holding OCFC Common Stock 6.48K Feb 11, 2022 By 401(k) F2
holding OCFC Common Stock 4.19K Feb 11, 2022 By ESOP F2
holding OCFC Series A Redeemable Preferred Stock 1K Feb 11, 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 -$140K -10.1K -100% $13.83 0 Feb 11, 2022 Common Stock 10.1K $13.83 Direct
holding OCFC Stock Option (right to buy) 11.3K Feb 11, 2022 Common Stock 11.3K $14.62 Direct
holding OCFC Stock Option 13.1K Feb 11, 2022 Common Stock 13.1K $17.75 Direct
holding OCFC Stock Option (Right to Buy 13.1K Feb 11, 2022 Common Stock 13.1K $17.37 Direct
holding OCFC Stock Option (right to buy) 15K Feb 11, 2022 Common Stock 15K $17.28 Direct
holding OCFC Stock Option (right to buy) 37.5K Feb 11, 2022 Common Stock 37.5K $29.01 Direct F3
holding OCFC Stock Option (right to buy) 12.9K Feb 11, 2022 Common Stock 12.9K $27.40 Direct F3
holding OCFC Stock Option (right to buy) 50.3K Feb 11, 2022 Common Stock 50.3K $25.20 Direct F3
holding OCFC Stock Option (right to buy) 76.8K Feb 11, 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 five equal annual installments beginning on the date first exercisable.