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

Role
President and COO, Director
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Stock symbol
OCFC
Transactions as of
Mar 13, 2023
Transactions value $
$21,990
Form type
4
Date filed
3/15/2023, 11:56 AM
Previous filing
Mar 10, 2023
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Series A Redeemable Preferred Stock Purchase $22K +1K +50% $21.99 3K Mar 13, 2023 Direct F1, F2
holding OCFC Common Stock 11.9K Mar 13, 2023 By ESOP
holding OCFC Common Stock 783 Mar 13, 2023 By Spouse
holding OCFC Common Stock 11.3K Mar 13, 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) 11.3K Mar 13, 2023 Common Stock 11.3K $14.55 Direct
holding OCFC Stock Option (right to buy) 4.88K Mar 13, 2023 Common Stock 4.88K $17.75 Direct
holding OCFC Stock Option (right to buy) 30K Mar 13, 2023 Common Stock 30K $17.37 Direct
holding OCFC Stock Option (right to buy) 37.5K Mar 13, 2023 Common Stock 37.5K $17.28 Direct
holding OCFC Stock Option (right to buy) 45K Mar 13, 2023 Common Stock 45K $29.01 Direct
holding OCFC Stock Option (right to buy) 15.5K Mar 13, 2023 Common Stock 15.5K $27.40 Direct
holding OCFC Stock Option (right to buy) 101K Mar 13, 2023 Common Stock 101K $25.20 Direct F3
holding OCFC Stock Option (right to buy) 154K Mar 13, 2023 Common Stock 154K $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.