Joseph Lebel III - 13 Mar 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
President and COO, Director
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Issuer symbol
OCFC
Transactions as of
13 Mar 2023
Net transactions value
+$21,990
Form type
4
Filing time
15 Mar 2023, 11:56:21 UTC
Previous filing
10 Mar 2023
Next filing
16 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Series A Redeemable Preferred Stock Purchase $21,990 +1,000 +50% $21.99 3,000 13 Mar 2023 Direct F1, F2
holding OCFC Common Stock 11,875 13 Mar 2023 By ESOP
holding OCFC Common Stock 783 13 Mar 2023 By Spouse
holding OCFC Common Stock 11,270 13 Mar 2023 By 401(k)

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) 11,250 13 Mar 2023 Common Stock 11,250 $14.55 Direct
holding OCFC Stock Option (right to buy) 4,875 13 Mar 2023 Common Stock 4,875 $17.75 Direct
holding OCFC Stock Option (right to buy) 30,000 13 Mar 2023 Common Stock 30,000 $17.37 Direct
holding OCFC Stock Option (right to buy) 37,500 13 Mar 2023 Common Stock 37,500 $17.28 Direct
holding OCFC Stock Option (right to buy) 45,000 13 Mar 2023 Common Stock 45,000 $29.01 Direct
holding OCFC Stock Option (right to buy) 15,485 13 Mar 2023 Common Stock 15,485 $27.40 Direct
holding OCFC Stock Option (right to buy) 100,670 13 Mar 2023 Common Stock 100,670 $25.20 Direct F3
holding OCFC Stock Option (right to buy) 153,585 13 Mar 2023 Common Stock 153,585 $20.44 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The actual title of this share class is "Depository shares, each representing a 1/40th Interest in a share of its 7.00 % Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share".
F2 Total includes shares of restricted common stock that have not yet vested.
F3 Options vest in five equal annual installments beginning on the date first exercisable.