Grace Vallacchi - 08 Mar 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Issuer symbol
OCFC
Transactions as of
08 Mar 2023
Net transactions value
-$104,662
Form type
4
Filing time
10 Mar 2023, 10:45:45 UTC
Previous filing
02 Mar 2023
Next filing
06 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Common Stock Tax liability $104,662 -4,523 -4.5% $23.14 95,775 08 Mar 2023 Direct F1
holding OCFC Common Stock 1,902 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) 9,190 08 Mar 2023 Common Stock 9,190 $27.40 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.