Christopher Maher - Jun 14, 2023 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
Chairman and CEO, Director
Signature
/s/ Steven J. Tsimbinos, Power of Attorney
Stock symbol
OCFC
Transactions as of
Jun 14, 2023
Transactions value $
-$69,673
Form type
4
Date filed
6/16/2023, 03:35 PM
Previous filing
May 16, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Common Stock Options Exercise $65.5K +4.5K +1.69% $14.55 271K Jun 14, 2023 Direct F1
transaction OCFC Common Stock Tax liability -$69.7K -4.24K -1.56% $16.44 267K Jun 14, 2023 Direct F1
holding OCFC Common Stock 5K Jun 14, 2023 By Spouse
holding OCFC Common Stock 4.43K Jun 14, 2023 By ESOP F2
holding OCFC Common Stock 19.1K Jun 14, 2023 By 401(k) Plan F2

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
transaction OCFC Stock Option (right to buy) Options Exercise -$65.5K -4.5K -100% $14.55 0 Jun 14, 2023 Common Stock 4.5K $14.55 Direct
holding OCFC Stock Option (right to buy) 12K Jun 14, 2023 Common Stock 12K $17.75 Direct
holding OCFC Stock Option (right to buy) 29.8K Jun 14, 2023 Common Stock 29.8K $17.37 Direct
holding OCFC Stock Option (right to buy) 59.7K Jun 14, 2023 Common Stock 59.7K $17.28 Direct
holding OCFC Stock Option (right to buy) 73.4K Jun 14, 2023 Common Stock 73.4K $29.01 Direct
holding OCFC Stock Option (right to buy) 25.3K Jun 14, 2023 Common Stock 25.3K $27.40 Direct
holding OCFC Stock Option (right to buy) 109K Jun 14, 2023 Common Stock 109K $25.20 Direct F3
holding OCFC Stock Option (right to buy) 166K Jun 14, 2023 Common Stock 166K $20.44 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total includes shares of restricted Common stock that have not yet vested.
F2 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
F3 Options vest in five equal annual installments beginning on the date first exercisable.