Joseph Lebel III - 08 Mar 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
President and COO, Director
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Issuer symbol
OCFC
Transactions as of
08 Mar 2023
Net transactions value
-$231,169
Form type
4
Filing time
10 Mar 2023, 10:36:06 UTC
Previous filing
02 Mar 2023
Next filing
15 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 Tax liability $231,169 -9,990 -4.5% $23.14 213,724 08 Mar 2023 Direct F1
holding OCFC Common Stock 11,270 08 Mar 2023 By 401(k)
holding OCFC Common Stock 11,875 08 Mar 2023 By ESOP
holding OCFC Common Stock 783 08 Mar 2023 By Spouse
holding OCFC Series A Redeemable Preferred Stock 2,000 08 Mar 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) 11,250 08 Mar 2023 Common Stock 11,250 $14.55 Direct
holding OCFC Stock Option (right to buy) 4,875 08 Mar 2023 Common Stock 4,875 $17.75 Direct
holding OCFC Stock Option (right to buy) 30,000 08 Mar 2023 Common Stock 30,000 $17.37 Direct
holding OCFC Stock Option (right to buy) 37,500 08 Mar 2023 Common Stock 37,500 $17.28 Direct
holding OCFC Stock Option (right to buy) 45,000 08 Mar 2023 Common Stock 45,000 $29.01 Direct
holding OCFC Stock Option (right to buy) 15,485 08 Mar 2023 Common Stock 15,485 $27.40 Direct
holding OCFC Stock Option (right to buy) 100,670 08 Mar 2023 Common Stock 100,670 $25.20 Direct F2
holding OCFC Stock Option (right to buy) 153,585 08 Mar 2023 Common Stock 153,585 $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.