Karthik Sridharan - 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
-$97,790
Form type
4
Filing time
10 Mar 2023, 10:48:35 UTC
Previous filing
02 Mar 2023
Next filing
20 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Common Stock Tax liability $97,790 -4,226 -3.9% $23.14 103,949 08 Mar 2023 Direct F1
holding OCFC Common Stock 1,136 08 Mar 2023 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) 38,395 08 Mar 2023 Common Stock 38,395 $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.