David Berninger - 28 Feb 2024 Form 4 Insider Report for OCEANFIRST FINANCIAL CORP (OCFC)

Role
EVP & Chief Risk Officer
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, 13:21:40 UTC
Previous filing
04 Dec 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 +13,416 +80% $0.000000 30,264 28 Feb 2024 Direct F1
transaction OCFC Common Stock Award $0 +20,121 +66% $0.000000 50,385 28 Feb 2024 Direct F2
* 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.