Christopher Maher - 08 Mar 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
Chairman and CEO, Director
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Issuer symbol
OCFC
Transactions as of
08 Mar 2023
Net transactions value
-$301,329
Form type
4
Filing time
10 Mar 2023, 10:34:20 UTC
Previous filing
02 Mar 2023
Next filing
28 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 Tax liability $301,329 -13,022 -4.7% $23.14 265,644 08 Mar 2023 Direct F1
holding OCFC Common Stock 4,368 08 Mar 2023 By ESOP
holding OCFC Common Stock 17,165 08 Mar 2023 By 401(k) Plan

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) 4,500 08 Mar 2023 Common Stock 4,500 $14.55 Direct
holding OCFC Stock Option (right to buy) 12,000 08 Mar 2023 Common Stock 12,000 $17.75 Direct
holding OCFC Stock Option (right to buy) 29,772 08 Mar 2023 Common Stock 29,772 $17.37 Direct
holding OCFC Stock Option (right to buy) 59,677 08 Mar 2023 Common Stock 59,677 $17.28 Direct
holding OCFC Stock Option (right to buy) 73,400 08 Mar 2023 Common Stock 73,400 $29.01 Direct
holding OCFC Stock Option (right to buy) 25,275 08 Mar 2023 Common Stock 25,275 $27.40 Direct
holding OCFC Stock Option (right to buy) 109,060 08 Mar 2023 Common Stock 109,060 $25.20 Direct F1
holding OCFC Stock Option (right to buy) 166,380 08 Mar 2023 Common Stock 166,380 $20.44 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale of a portion of vesting restricted stock to pay associated taxes. Total includes unvested restricted stock.
F2 Options vest in five equal annual installments beginning on the date first exercisable.