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

Role
Chief Compliance Officer, OFB
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, 10:46:33 UTC
Previous filing
04 Jan 2023
Next filing
10 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 Award $0 +12,648 +117% $0.000000 23,449 28 Feb 2023 Direct F1
holding OCFC Common Stock 1,992 28 Feb 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) 5,000 28 Feb 2023 Common Stock 5,000 $29.01 Direct
holding OCFC Stock Option (right to buy) 2,390 28 Feb 2023 Common Stock 2,390 $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).