MICHELE B. ESTEP - 08 Mar 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role: EVP & CAO, OceanFirst Bank
Signature: /s/ Steven J. Tsimbinos, Power of Attorney
Issuer symbol: OCFC
Transactions as of: 08 Mar 2023
Net transactions value: -$116,120
Form type: 4
Filing time: 10 Mar 2023, 10:42:32 UTC
Previous filing: 02 Mar 2023
Next filing: 01 Mar 2024
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	$116,120	-5,016	-3.8%	$23.15	125,422	08 Mar 2023	Direct	F1
holding	OCFC	Common Stock						2,225	08 Mar 2023	By ESOP

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)						7,503	08 Mar 2023	Common Stock	7,503	$20.79	Direct
holding	OCFC	Stock Option (right to buy)						7,875	08 Mar 2023	Common Stock	7,875	$22.69	Direct
holding	OCFC	Stock Option (right to buy)						50,335	08 Mar 2023	Common Stock	50,335	$25.20	Direct	F2
holding	OCFC	Stock Option (right to buy)						76,790	08 Mar 2023	Common Stock	76,790	$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.