Steven James Tsimbinos - 08 Mar 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
Executive VP/Corp. Secretary
Signature
/s/ Steven J. Tsimbinos
Issuer symbol
OCFC
Transactions as of
08 Mar 2023
Net transactions value
-$108,273
Form type
4
Filing time
10 Mar 2023, 10:51:56 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 $108,273 -4,677 -3.1% $23.15 147,343 08 Mar 2023 Direct F1
holding OCFC Common Stock 7,462 08 Mar 2023 By 401(k)
holding OCFC Common Stock 5,509 08 Mar 2023 By ESOP
holding OCFC Series A Redeemable Preferred Stock 1,000 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 13,125 08 Mar 2023 Common Stock 13,125 $17.75 Direct
holding OCFC Stock Option (Right to Buy 13,125 08 Mar 2023 Common Stock 13,125 $17.37 Direct
holding OCFC Stock Option (right to buy) 15,000 08 Mar 2023 Common Stock 15,000 $17.28 Direct
holding OCFC Stock Option (right to buy) 37,500 08 Mar 2023 Common Stock 37,500 $29.01 Direct
holding OCFC Stock Option (right to buy) 12,915 08 Mar 2023 Common Stock 12,915 $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.