Michele B. Estep - Mar 8, 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
EVP & CAO, OceanFirst Bank
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Stock symbol
OCFC
Transactions as of
Mar 8, 2023
Transactions value $
-$116,120
Form type
4
Date filed
3/10/2023, 10:42 AM
Previous filing
Mar 2, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Common Stock Tax liability -$116K -5.02K -3.85% $23.15 125K Mar 8, 2023 Direct F1
holding OCFC Common Stock 2.23K Mar 8, 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) 7.5K Mar 8, 2023 Common Stock 7.5K $20.79 Direct
holding OCFC Stock Option (right to buy) 7.88K Mar 8, 2023 Common Stock 7.88K $22.69 Direct
holding OCFC Stock Option (right to buy) 50.3K Mar 8, 2023 Common Stock 50.3K $25.20 Direct F2
holding OCFC Stock Option (right to buy) 76.8K Mar 8, 2023 Common Stock 76.8K $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.