Angela K. Ho - Feb 28, 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
Chief Compliance Officer, OFB
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Stock symbol
OCFC
Transactions as of
Feb 28, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 10:46 AM
Previous filing
Jan 4, 2023
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Common Stock Award $0 +12.6K +117.1% $0.00 23.4K Feb 28, 2023 Direct F1
holding OCFC Common Stock 1.99K Feb 28, 2023 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
holding OCFC Stock Option (right to buy) 5K Feb 28, 2023 Common Stock 5K $29.01 Direct
holding OCFC Stock Option (right to buy) 2.39K Feb 28, 2023 Common Stock 2.39K $27.40 Direct
* 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 three equal installments depending on the attainment of defined performance criteria. Shares will vest on March 1 following attainment each performance milestone, or will be forfeited if performance milestones are not met by March 1, 2028. Total includes other unvested restricted shares that vest in the future.
F2 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).