Steven James Tsimbinos - Feb 6, 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Signature
/s/ Steven J. Tsimbinos
Stock symbol
OCFC
Transactions as of
Feb 6, 2023
Transactions value $
-$209,035
Form type
4
Date filed
2/7/2023, 04:49 PM
Previous filing
Mar 2, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Common Stock Options Exercise $164K +11.3K +9.02% $14.62 136K Feb 6, 2023 Direct F1
transaction OCFC Common Stock Tax liability -$209K -8.49K -6.24% $24.63 127K Feb 6, 2023 Direct F1
holding OCFC Common Stock 7.31K Feb 6, 2023 By 401(k) F2
holding OCFC Common Stock 4.86K Feb 6, 2023 By ESOP F2
holding OCFC Series A Redeemable Preferred Stock 1K Feb 6, 2023 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 -$164K -11.3K -100% $14.62 0 Feb 6, 2023 Common Stock 11.3K $14.62 Direct
holding OCFC Stock Option 13.1K Feb 6, 2023 Common Stock 13.1K $17.75 Direct
holding OCFC Stock Option (Right to Buy 13.1K Feb 6, 2023 Common Stock 13.1K $17.37 Direct
holding OCFC Stock Option (right to buy) 15K Feb 6, 2023 Common Stock 15K $17.28 Direct
holding OCFC Stock Option (right to buy) 37.5K Feb 6, 2023 Common Stock 37.5K $29.01 Direct
holding OCFC Stock Option (right to buy) 12.9K Feb 6, 2023 Common Stock 12.9K $27.40 Direct F3
holding OCFC Stock Option (right to buy) 50.3K Feb 6, 2023 Common Stock 50.3K $25.20 Direct F3
holding OCFC Stock Option (right to buy) 76.8K Feb 6, 2023 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.