Joseph Lebel III - Jun 15, 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
Jun 15, 2023
Transactions value $
-$175,325
Form type
4
Date filed
6/20/2023, 02:52 PM
Previous filing
May 8, 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 $164K +11.3K +5.26% $14.55 225K Jun 15, 2023 Direct F1
transaction OCFC Common Stock Sale -$175K -10.5K -4.68% $16.65 214K Jun 15, 2023 Direct F1
holding OCFC Common Stock 11.5K Jun 15, 2023 By 401(k) F2
holding OCFC Common Stock 12K Jun 15, 2023 By ESOP F2
holding OCFC Common Stock 783 Jun 15, 2023 By Spouse
holding OCFC Series A Redeemable Preferred Stock 4K Jun 15, 2023 Direct F3

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 -$164K -11.3K -100% $14.55 0 Jun 15, 2023 Common Stock 11.3K $14.55 Direct F4
holding OCFC Stock Option (right to buy) 4.88K Jun 15, 2023 Common Stock 4.88K $17.75 Direct
holding OCFC Stock Option (right to buy) 30K Jun 15, 2023 Common Stock 30K $17.37 Direct
holding OCFC Stock Option (right to buy) 37.5K Jun 15, 2023 Common Stock 37.5K $17.28 Direct
holding OCFC Stock Option (right to buy) 45K Jun 15, 2023 Common Stock 45K $29.01 Direct
holding OCFC Stock Option (right to buy) 15.5K Jun 15, 2023 Common Stock 15.5K $27.40 Direct
holding OCFC Stock Option (right to buy) 101K Jun 15, 2023 Common Stock 101K $25.20 Direct F4
holding OCFC Stock Option (right to buy) 154K Jun 15, 2023 Common Stock 154K $20.44 Direct F4
* 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 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".
F4 Options vest in five equal annual installments beginning on the date first exercisable.