Joseph Lebel III - Mar 8, 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
President and COO, Director
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Stock symbol
OCFC
Transactions as of
Mar 8, 2023
Transactions value $
-$231,169
Form type
4
Date filed
3/10/2023, 10:36 AM
Previous filing
Mar 2, 2023
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Common Stock Tax liability -$231K -9.99K -4.47% $23.14 214K Mar 8, 2023 Direct F1
holding OCFC Common Stock 11.3K Mar 8, 2023 By 401(k)
holding OCFC Common Stock 11.9K Mar 8, 2023 By ESOP
holding OCFC Common Stock 783 Mar 8, 2023 By Spouse
holding OCFC Series A Redeemable Preferred Stock 2K Mar 8, 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
holding OCFC Stock Option (right to buy) 11.3K Mar 8, 2023 Common Stock 11.3K $14.55 Direct
holding OCFC Stock Option (right to buy) 4.88K Mar 8, 2023 Common Stock 4.88K $17.75 Direct
holding OCFC Stock Option (right to buy) 30K Mar 8, 2023 Common Stock 30K $17.37 Direct
holding OCFC Stock Option (right to buy) 37.5K Mar 8, 2023 Common Stock 37.5K $17.28 Direct
holding OCFC Stock Option (right to buy) 45K Mar 8, 2023 Common Stock 45K $29.01 Direct
holding OCFC Stock Option (right to buy) 15.5K Mar 8, 2023 Common Stock 15.5K $27.40 Direct
holding OCFC Stock Option (right to buy) 101K Mar 8, 2023 Common Stock 101K $25.20 Direct F2
holding OCFC Stock Option (right to buy) 154K Mar 8, 2023 Common Stock 154K $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.