Patrick Sean Barrett - 28 Feb 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
Executive Vice President & CFO
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Issuer symbol
OCFC
Transactions as of
28 Feb 2023
Net transactions value
$0
Form type
4
Filing time
02 Mar 2023, 10:21:08 UTC
Previous filing
28 Jun 2022
Next filing
26 Apr 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 Award $0 +12,648 +62% $0.000000 33,156 28 Feb 2023 Direct F1
transaction OCFC Common Stock Award $0 +18,972 +57% $0.000000 52,128 28 Feb 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares awarded. Such shares vest in four equal annual installments beginning on March 1, 2024. Total includes other restricted shares that vest in the future.
F2 Restricted shares awarded. Such shares vest on March 1, 2026 at approximately 33% to 100% depending on the attainment of defined performance criteria for the three year period from January 1, 2023 through December 31, 2025, or are forfeited if threshold performance is not met. Total includes other unvested restricted shares that vest in the future.