Steven James Tsimbinos - 06 Feb 2023 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
06 Feb 2023
Net transactions value
-$209,035
Form type
4
Filing time
07 Feb 2023, 16:49:11 UTC
Previous filing
02 Mar 2022
Next filing
02 Mar 2023
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 $164,475 +11,250 +9% $14.62 135,962 06 Feb 2023 Direct F1
transaction OCFC Common Stock Tax liability $209,035 -8,487 -6.2% $24.63 127,475 06 Feb 2023 Direct F1
holding OCFC Common Stock 7,313 06 Feb 2023 By 401(k) F2
holding OCFC Common Stock 4,862 06 Feb 2023 By ESOP F2
holding OCFC Series A Redeemable Preferred Stock 1,000 06 Feb 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 $164,475 -11,250 -100% $14.62 0 06 Feb 2023 Common Stock 11,250 $14.62 Direct
holding OCFC Stock Option 13,125 06 Feb 2023 Common Stock 13,125 $17.75 Direct
holding OCFC Stock Option (Right to Buy 13,125 06 Feb 2023 Common Stock 13,125 $17.37 Direct
holding OCFC Stock Option (right to buy) 15,000 06 Feb 2023 Common Stock 15,000 $17.28 Direct
holding OCFC Stock Option (right to buy) 37,500 06 Feb 2023 Common Stock 37,500 $29.01 Direct
holding OCFC Stock Option (right to buy) 12,915 06 Feb 2023 Common Stock 12,915 $27.40 Direct F3
holding OCFC Stock Option (right to buy) 50,335 06 Feb 2023 Common Stock 50,335 $25.20 Direct F3
holding OCFC Stock Option (right to buy) 76,790 06 Feb 2023 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.