Steven James Tsimbinos - 13 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
13 Mar 2023
Net transactions value
+$44,240
Form type
4
Filing time
15 Mar 2023, 11:56:35 UTC
Previous filing
10 Mar 2023
Next filing
01 Mar 2024
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 $44,240 +2,000 +200% $22.12 3,000 13 Mar 2023 Direct F1
holding OCFC Common Stock 147,343 13 Mar 2023 Direct F2
holding OCFC Common Stock 7,462 13 Mar 2023 By 401(k)
holding OCFC Common Stock 5,509 13 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 13,125 13 Mar 2023 Common Stock 13,125 $17.75 Direct
holding OCFC Stock Option (Right to Buy 13,125 13 Mar 2023 Common Stock 13,125 $17.37 Direct
holding OCFC Stock Option (right to buy) 15,000 13 Mar 2023 Common Stock 15,000 $17.28 Direct
holding OCFC Stock Option (right to buy) 37,500 13 Mar 2023 Common Stock 37,500 $29.01 Direct
holding OCFC Stock Option (right to buy) 12,915 13 Mar 2023 Common Stock 12,915 $27.40 Direct
holding OCFC Stock Option (right to buy) 50,335 13 Mar 2023 Common Stock 50,335 $25.20 Direct F3
holding OCFC Stock Option (right to buy) 76,790 13 Mar 2023 Common Stock 76,790 $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.