Michele B. Estep - 17 Feb 2022 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
EVP & CAO, OceanFirst Bank
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Issuer symbol
OCFC
Transactions as of
17 Feb 2022
Net transactions value
-$31,611
Form type
4
Filing time
18 Feb 2022, 12:14:02 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 $27,167 +1,771 +2.1% $15.34 84,832 17 Feb 2022 Direct F1
transaction OCFC Common Stock Tax liability $31,611 -1,395 -1.6% $22.66 83,437 17 Feb 2022 Direct F1
holding OCFC Common Stock 1,043 17 Feb 2022 By ESOP 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 $27,167 -1,771 -100% $15.34 0 17 Feb 2022 Common Stock 1,771 $15.34 Direct
holding OCFC Stock Option (right to buy) 7,503 17 Feb 2022 Common Stock 7,503 $20.79 Direct
holding OCFC Stock Option (right to buy) 7,875 17 Feb 2022 Common Stock 7,875 $22.69 Direct
holding OCFC Stock Option (right to buy) 76,790 17 Feb 2022 Common Stock 76,790 $20.44 Direct F3
holding OCFC Stock Option (right to buy) 50,335 17 Feb 2022 Common Stock 50,335 $25.20 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.