Patrick Sean Barrett - 28 Feb 2024 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
Executive Vice President & CFO
Signature
/s/ Steven J. Tsimbions, Power of Attorney
Issuer symbol
OCFC
Transactions as of
28 Feb 2024
Net transactions value
$0
Form type
4
Filing time
01 Mar 2024, 13:20:04 UTC
Previous filing
08 May 2023
Next filing
04 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCFC Common Stock Award $0 +18,444 +35% $0.000000 71,572 28 Feb 2024 Direct F1
transaction OCFC Common Stock Award $0 +27,666 +39% $0.000000 99,238 28 Feb 2024 Direct F2
holding OCFC Common Stock 435 28 Feb 2024 By ESOP F3
holding OCFC Series A Redeemable Preferred Stock 2,000 28 Feb 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares awarded. Such shares vest in four equal annual installments beginning on March 1, 2025. Total includes other restricted shares that vest in the future.
F2 Restricted shares awarded. Such shares vest on March 1, 2027 at approximately 33% to 100% depending on the attainment of defined performance criteria for the three year period from January 1, 2024 through December 31, 2026, or are forfeited if threshold performance is not met. Total includes other unvested restricted shares that vest in the future.
F3 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).